PoliticsAugust 16, 2026
oligopolistic
AH-luh-guh-Puh-LIS-tik
Definition
Referring to a market situation characterized by a small number of sellers who dominate the industry and collectively control the supply and pricing.
Etymology
Derived from the Greek 'oligos' (few) and 'polein' (to sell), it describes a market structure defined by limited competition among a few dominant firms.
In the news
The article uses this term to describe how the news and publishing industry was dominated by a handful of massive, powerful companies, creating a market that was far from a truly open or competitive forum for ideas.
Is Free Speech a Dangerous Idea?
Read the full article ↗newpol.org