oligopoly
(ol-i-gop-o-ly)
5 syllables
Definition
noun. control of a commodity or service in a given market by a small number of companies or suppliers
Example Sentence
The Cournot-Nash model is the simplest oligopoly model.
Synonyms
small number of suppliers; cartel; consortium
Antonyms
many suppliers
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oligopoly
Rhymes
- sloppily
- denapoli
- duopoly
- monopoly
- oligopoly