ol·i·gop·o·ly /ˌä-li-'gä-pə-lē, ˌō-/ n pl -lies: a condition in which a few sellers dominate a particular market to the detriment of competition by others

Merriam-Webster’s Dictionary of Law. . 1996.

index monopoly

Burton's Legal Thesaurus. . 2006

A market condition in which only a few sellers control the entire trade in some product; see also monopoly

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

A market with only a small number of producers or suppliers.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

n. An industry that is dominated by a small number of companies that manufacture substantially identical products. The American automobile industry and the tobacco industry are two examples. An oligopoly is far less competitive than one with many manufacturers, but slightly more competitive than a monopoly.

Webster's New World Law Dictionary. . 2000.

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Look at other dictionaries:

  • oligopoly — (n.) 1887, from Gk. oligos little, small, in plural, few + polein to sell (see MONOPOLY (Cf. monopoly)) …   Etymology dictionary

  • oligopoly — [äl΄i gäp′ə lē] n. pl. oligopolies [ OLIG(O) + (MON)OPOLY] control of a commodity or service in a given market by a small number of companies or suppliers oligopolist n. oligopolistic adj …   English World dictionary

  • Oligopoly — An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). The word is derived, by analogy with monopoly , from the Greek ὀλίγοι (oligoi) few + πόλειν (pólein) to sell . Because there are …   Wikipedia

  • oligopoly — A market characterized by a small number of producers who often act together to control the supply of a particular good and its market price. Bloomberg Financial Dictionary * * * oligopoly ol‧i‧gop‧o‧ly [ˌɒlɪˈgɒpəli ǁ ˌɑːlɪˈgɑː , ˌoʊ ] noun… …   Financial and business terms

  • Oligopoly — A situation in which a particular market is controlled by a small group of firms. An oligopoly is much like a monopoly, in which only one company exerts control over most of a market. In an oligopoly, there are at least two firms controlling the… …   Investment dictionary

  • Oligopoly — Das Oligopol bezeichnet in der Mikroökonomik eine Marktform, bei der es zwar viele Nachfrager, aber nur wenige Anbieter gibt (Angebotsoligopol). Ein Oligopson ist genau der umgekehrte Fall, bei dem wenigen Nachfragern viele Anbieter entgegen… …   Deutsch Wikipedia

  • oligopoly — Competition amongst the few, where perceptions of competitors policies and reactions to perceived intentions count for more than price output considerations. Duopoly (control exercised by two competing agencies) is a special case of oligopoly,… …   Dictionary of sociology

  • oligopoly — /ɒlɪ gɒpəli/ noun a situation where only a few sellers control the market ● An oligopoly means that prices can be kept high …   Marketing dictionary in english

  • oligopoly — /ɒlɪ gɒpəli/ noun a situation where only a few sellers control the market ● An oligopoly means that prices can be kept high …   Dictionary of banking and finance

  • oligopoly — /olagopaliy/ Economic condition where only a few companies sell substantially similar or standardized products. U.S. v. E.I. DuPont De Nemours & Co., D.C.Del., 118 F.Supp. 41, 49. Oligopoly markets often exhibit the lack of competition, high… …   Black's law dictionary

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