oligopoly C2 Topic:Economics & Markets US /ˌɑləˈɡɑpəli/ UK /ɒlɪˈɡɒpəli/ See IPA manual Meanings 1 noun a market dominated by a small number of sellers The mobile-phone market was an oligopoly: just three large sellers dominated nearly all sales. Etymology Formed from oligo-, meaning few, and -poly, referring to sellers in a market, on the model of monopoly. Topics Economics & Markets External links Google Images Cambridge Dictionary Wiktionary # oligopoly **Type:** Word **Level:** C2 **Part of speech:** noun **IPA (US):** /ˌɑləˈɡɑpəli/ **IPA (UK):** /ɒlɪˈɡɒpəli/ ## Meanings 1. a market dominated by a small number of sellers ## Examples - The mobile-phone market was an oligopoly: just three large sellers dominated nearly all sales. ## Etymology Formed from oligo-, meaning few, and -poly, referring to sellers in a market, on the model of monopoly. ## Topics - Economics & Markets markdown