1. oligopoly

noun. ['ˌɑːlɪˈgɑːpəli'] (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.

Rhymes with Oligopoly

• metropoli
• monopoly
• duopoly
• denapoli
• sloppily

How do you pronounce oligopoly?

Pronounce oligopoly as ˌɑlɪˈgɑpəli.

US - How to pronounce oligopoly in American English

UK - How to pronounce oligopoly in British English

Sentences with oligopoly

1. Noun, singular or mass
Companies in an oligopoly may take similar actions even if they do not formally agree to form a cartel.

2. Adjective
An oligopoly exists when a market is dominated by just a handful of firms.