word
Business
oligopoly
ol-ih-GOP-oh-lee
ˌɒlɪˈɡɒpəliListen
Hear it in a clear American voice. Slow it down to catch each syllable.
Syllable breakdown
oligopoly
Dictionary meaning
A market structure dominated by a small number of large firms, each of which can influence prices.
Examples
- The smartphone market is effectively an oligopoly, with two or three companies commanding the majority of profits.
People also look up
Learn one new pronunciation a day
Get a word, name or idiom like “oligopoly” in your inbox — daily or weekly, free. Unsubscribe any time.
Something wrong? Suggest a correction