OLIGOPOLY
(noun)Definitions
There is 1 meaning of the word
Oligopoly.
How to pronounce oligopoly:
UK
Oligopoly - as a 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
Example Sentences
"The airline industry is an oligopoly with just a few major players dominating the market."
"The telecommunications market is characterized by an oligopoly, with a handful of providers controlling the majority of the market share."
"The automotive industry is often considered an oligopoly due to the small number of large manufacturers."
"In many countries, the banking sector is an oligopoly, with a few banks controlling the majority of assets and deposits."
"The soft drink industry is dominated by an oligopoly of multinational corporations."
Word Game Points
Is OLIGOPOLY a valid Scrabble word?
Yes, oligopoly is valid for both Scrabble US and EU
OLIGOPOLY has a SCRABBLE points total of 15.
Is OLIGOPOLY a valid Words With Friends word?
Yes, oligopoly is valid for Words With Friends
Valid WordOLIGOPOLY has a WORDS WITH FRIENDS points total of 18.
Is OLIGOPOLY a valid WordFeud word?
Yes, oligopoly is valid for WordFeud
Valid WordOLIGOPOLY has a WORDFEUD points total of 17.
