oligopoly

noun

ol·​i·​gop·​o·​ly ˌä-lə-ˈgä-pə-lē How to pronounce oligopoly (audio)
ˌō-
: a market situation in which each of a few producers affects but does not control the market
oligopolist noun
oligopolistic adjective

Examples of oligopoly in a Sentence

Recent Examples on the Web
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Cardinal Health operates in an industry that is effectively an oligopoly dominated by three players — the other two are McKesson and Cencora . Jeff Marks, CNBC, 27 Feb. 2026 By traditional metrics of these things, monopoly, oligopoly, there’s definitely a very high bar. Cynthia Littleton, Variety, 21 Feb. 2026 Some have targeted oligopolies or a high degree of market concentration in which a few players dominate. Joshua P. Cohen, Forbes.com, 13 Feb. 2026 Most of them blamed larger structural issues in the U.S. economy – oligopolies, corporate greed, excessive money supply – for the rising cost of living. Julia Harte, USA Today, 13 Dec. 2025 See All Example Sentences for oligopoly

Word History

Etymology

olig- + -poly (as in monopoly)

First Known Use

1895, in the meaning defined above

Time Traveler
The first known use of oligopoly was in 1895

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Cite this Entry

“Oligopoly.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/oligopoly. Accessed 19 Mar. 2026.

Legal Definition

oligopoly

noun
ol·​i·​gop·​o·​ly ˌä-li-ˈgä-pə-lē, ˌō- How to pronounce oligopoly (audio)
plural oligopolies
: a condition in which a few sellers dominate a particular market to the detriment of competition by others

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