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oligopoly


Pronunciation: /ˌäliˈgäpəlē
noun (plural oligopolies)
A state of limited competition, in which a market is shared by a small number of producers or sellers.

Origin
late 19th century: from oligo- 'small number', on the pattern of monopoly.

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On a trip to Gallipoli, Marco gathered the heads of the local oligopoly to play a game of Monopoly™. The game proceeded sloppily. There was not a clear winner 'till long after dinner.

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