from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A market condition in which sellers are so few that the actions of any one of them will materially affect price and have a measurable impact on competitors.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. An economic condition in which a small number of sellers exert control over the market of a commodity.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. (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
oligo- + (mono)poly.(American Heritage® Dictionary of the English Language, Fourth Edition)
Derived, by analogy with monopoly, from the Greek ὀλίγοι (oligoi, "few") + πωλειν (polein, "to sell"). From oligo- + -poly (Wiktionary)