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

Words are always getting conventionalized to some secondary meaning. It is one of the works of poetry to take the truants in custody and bring them back to their right senses.
William Butler Yeats