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oligopoly

/ˌɒlɪˈɡɒpəli/

market controlled by a few sellers

From Greek oligo (few) + Greek poly / pōlein (to sell).

noun
oligo
Greek
Verified
oligos (ὀλίγος)
meaning 'few' or 'small'; etymology is uncertain

from Greek oligos "little, small," in plural, "the few" (a word of uncertain origin) + pōlein "to sell" (from PIE root...

Medieval Latin
Verified
oligopolium
the 'few-sellers' market term formed in learned usage

from Medieval Latin oligopolium

poly
Greek
AI-inferred
pōlein (πωλεῖν)
to sell
Medieval Latin
Verified
oligopolium
the second half of the coined market term

from Medieval Latin oligopolium

Combined
oligopolium
a learned coinage meaning a market with only a few sellers
English
AI-inferred
oligopoly
recorded in 1887 in economic writing
Modern English
oligopoly

Here’s the neat trick: this word is basically market geometry. In 1887, economists had a problem that was neither full competition nor outright monopoly, so they reached for Greek scraps and built a label for a world with only a few sellers elbowing for space. The first piece, oligo-, means “few,” while the selling piece is the same ancient commercial root that helps build monopoly — one seller — except here the crowd is tiny, not single. That’s why the word feels so clinical: it sounds like a laboratory term, but it’s really the language of a street corner where three gas stations glare at each other and quietly keep prices polite. Remember it as the market where “many” got fired and “one” wasn’t hired, so only a few stayed on the payroll.

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