Oligopolistic
[ol-i-gop-uh-lee] /ˌɒl ɪˈgɒp ə li/
noun
1.
the market condition that exists when there are few sellers, as a result of which they can greatly influence price and other market factors.
Compare , (def 1).
/ˌɒlɪˈɡɒpəlɪ/
noun (pl) -lies
1.
(economics) a market situation in which control over the supply of a commodity is held by a small number of producers each of whom is able to influence prices and thus directly affect the position of competitors
adj.
1939, from oligo- “little, small,” in plural, “few” + -poly, from Greek polein “to sell” (see monopoly).
n.
1887, from Medieval Latin oligopolium, from Greek oligos “little, small,” in plural, “the few” (see oligo-) + polein “to sell” (see monopoly).
oligopoly [(ol-i-gop-uh-lee, oh-li-gop-uh-lee)]
Control over the production and sale of a product or service by a few companies.
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