What is the meaning of oligopoly?

noun

  • Economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors. (.
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APAWordNet. (2010). oligopoly. Retrieved September 20, 2026, from http://smartdefine.org/oligopoly/definitions/1246977
ChicagoWordNet. 2010. "oligopoly" http://smartdefine.org/oligopoly/definitions/1246977 (accessed September 20, 2026).
HarvardWordNet 2010, oligopoly, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/oligopoly/definitions/1246977>.
MLAWordNet. "oligopoly" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/oligopoly/definitions/1246977>
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