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
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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
Because the computing requirements to train the most advanced AI models are so intense, the industry is moving toward an oligopoly.
—Paul Scharre, TIME, 14 Sep. 2024
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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
Because the computing requirements to train the most advanced AI models are so intense, the industry is moving toward an oligopoly.
—Paul Scharre, TIME, 14 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 21 Nov. 2024.
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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
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