oligopolisticadj.
/ˌɒlᵻˌɡɒpəˈlɪstɪk/, U.S. /ˈˌɑləɡoʊpəˈlɪstɪk/, /ˈˌoʊləɡoʊpəˈlɪstɪk/ Economics.
Of or relating to oligopoly.
ΘΚΠ
society > trade and finance > trading conditions > [adjective] > oligopoly
oligopolistic1933
1933 Econ. Jrnl. 43 665 Thus the net effect of oligopolistic behaviour is not to raise profits for the individual, but to produce a great excess of capacity, and an enhancement of prices.
1958 Jrnl. Business 31 198/1 Frequently, in the case of older products, some measure of oligopolistic uncertainty exists.
1975 New Law Jrnl. 11 Sept. 892/1 The provisions of article 86 of the EEC treaty are designed to proscribe monopolistic, oligopolistic or, in certain respects, a monopsonic position being exploited at the expense of other producers or of consumers in the European Common Market.
2000 N.Y. Times 11 Jan. c8/3 Such sales strategies worry the agency executives..because of fears of overconcentration and oligopolistic control.
This entry has been updated (OED Third Edition, March 2004; most recently modified version published online March 2022).
<
adj.1933