oligopoly

IPA(Pronunciation)

An economic condition in which a small number of sellers exert control over the market of a commodity.

Japanese Meaning

少数の売り手が市場を支配する経済状態 / 限られた売り手による市場支配 / 寡占状態

An oligopoly in the telecommunications sector has led to higher prices and fewer choices for consumers.

通信業界において少数の売り手が市場を支配する状況は、消費者にとって価格の上昇と選択肢の減少を招いている。

Sense（1）

An economic condition in which a small number of sellers exert control over the market of a commodity.

For tho sheep are falling into few and powerful hands; and these, if they have not a monopoly, have at least an oligopoly, and can keep up the price.

oligopolies

（ plural ）