English dictionary

oligopoly meaning and definition

Definition and meaning of oligopoly at MeaningMonkey.org. oligopoly meaning and definition in the English Dictionary.

OLIGOPOLY noun

Definition of oligopoly (noun)

  1. (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors
Source: Princeton University Wordnet

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