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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
If Google ended up dominating consumer A.I. and Anthropic ended up dominating business A.I., the industry would resemble other digital markets that have tipped into monopolies or oligopolies, like search and social media. John Cassidy, New Yorker, 4 May 2026 But the threat to oligopoly networks like Visa and Mastercard extends beyond micro-payments: agentic AI using stablecoins could put immense fee pressure on transactions of any size. Nina Bambysheva, Forbes.com, 25 Mar. 2026 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 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 21 May. 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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