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Oligopoly Definition & Meaning

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

"Oligopoly" in song lyrics

See how oligopoly is used in real songs:

  • "businesses and oligopoly"
    AOL — AOL
  • "ipods and oligopoly"
    AOL — AOL
  • "what is the difference bwtween a monopoly and oligopoly"
    AOL — AOL

Usage tips for "oligopoly"

Understanding the precise definition of a word helps you use it with confidence. When using "oligopoly" in your writing, consider whether you need the word itself or one of its synonyms — subtle differences in meaning can change the tone of a sentence. If you're writing poetry or song lyrics, check the rhymes for oligopoly to find words that pair well.

Use "oligopoly" in a verse

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Frequently asked questions

What does oligopoly mean?
(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
What part of speech is oligopoly?
Oligopoly is a noun.

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