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.
Apple could miss the quarter because of the oligopoly and be revealed to be too expensive a stock. Jim Cramer, CNBC, 28 June 2026 The biggest hurdle for this nascent market is that compute is an oligopoly and the oligopolists are doing just fine. Liz Hoffman, semafor.com, 26 May 2026 Without competition, market power persists as either a monopoly (control by one firm) or an oligopoly (control by a few). Mordecai Kurz, Time, 20 Apr. 2026 Golf manufacturing is essentially a four-company oligopoly built on pouring money into research and development with the hopes of finding the next big thing. Brody Miller, New York Times, 13 Mar. 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 5 Jul. 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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