Looking for the meaning of the word OLIGOPOLIES in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of OLIGOPOLIES with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Oligopoly
Speech Type: Noun
Etymology:
1930s: from oligo- ‘small number’, on the pattern of monopoly
Audio Pronunciation:
Phonetic Spelling:
ˌɒlɪˈɡɒpəli
Dialects: British English
Definition:
a state of limited competition, in which a market is shared by a small number of producers or sellers.
Short Definition:state of limited competition, in which market is shared by small number of producers or sellers
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