MEANING
Relating to or characteristic of a market dominated by a small number of substantial sellers.
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Words that belong together
- oligopolistic market
- oligopolistic competition
On the page
The oligopolistic market contained several large suppliers rather than one sole seller.
Oligopolistic competition made each firm’s response to its rivals strategically important.
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Word forms
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- oligopolistic
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Usage notes
Primary category: economics / business / social science. Forms: Relational adjective; compare degree only where the context genuinely concerns the strength of the relevant characteristic. Legacy lexical fields mirror sense 1 only. Use numbered sense fields for all meanings. Established modern English lexical item. No separate regional spelling or grammatical inflection entry. Writing functions: economic explanation, resource analysis, incentive analysis, comparison. Disciplines: economics, business, social science. Commonness: uncommon.
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