oligopoly
noun
ol·i·gop·o·ly
ˌä-lə-ˈgä-pə-lē 
ˌō-
: a market situation in which each of a few producers affects but does not control the market
Examples of oligopoly in a Sentence
Recent Examples on the Web
With their oligopoly over, there should be more opportunities for the latest batch of promising youngsters — unless Carlos Alcaraz and Jannik Sinner prove to be similarly dominant.
—
Charlie Eccleshare, The Athletic, 21 Aug. 2024
Some markets move from nascent to commodity or oligopoly almost overnight, such as consumer or end-user GenAI.
—Mark Tauschek, Forbes, 4 Nov. 2024
In many cases, these new approaches are uprooting decades-long healthcare oligopolies, payment structures and disparities in care.
—Seth Joseph, Forbes, 31 Oct. 2024
What the United States and other countries around the world need instead are policies that encourage private competition by supporting young people and startups rather than protecting aging incumbents—the oligopolies, billionaires, and tycoons who now dominate the American system.
—Ruchir Sharma, Foreign Affairs, 17 Sep. 2024
See all Example Sentences for oligopoly 
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.
Charlie Eccleshare, The Athletic, 21 Aug. 2024
Some markets move from nascent to commodity or oligopoly almost overnight, such as consumer or end-user GenAI.
—Mark Tauschek, Forbes, 4 Nov. 2024
In many cases, these new approaches are uprooting decades-long healthcare oligopolies, payment structures and disparities in care.
—Seth Joseph, Forbes, 31 Oct. 2024
What the United States and other countries around the world need instead are policies that encourage private competition by supporting young people and startups rather than protecting aging incumbents—the oligopolies, billionaires, and tycoons who now dominate the American system.
—Ruchir Sharma, Foreign Affairs, 17 Sep. 2024
See all Example Sentences for oligopoly
Dictionary Entries Near oligopoly
Cite this Entry
“Oligopoly.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/oligopoly. Accessed 25 Dec. 2024.
Copy CitationLegal Definition
oligopoly
noun
ol·i·gop·o·ly
ˌä-li-ˈgä-pə-lē, ˌō-
plural oligopolies
: a condition in which a few sellers dominate a particular market to the detriment of competition by others
Love words? Need even more definitions?
Merriam-Webster unabridged
Share