Associations to the word «Oligopoly»

Wiktionary

OLIGOPOLY, noun. An economic condition in which a small number of sellers exert control over the market of a commodity.

Dictionary definition

OLIGOPOLY, noun. (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.

Wise words

We should have a great fewer disputes in the world if words were taken for what they are, the signs of our ideas only, and not for things themselves.
John Locke