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Oligopoly

British pronunciation/ˌɒlɪɡˈɒpəli/
American pronunciation/ˌɑɫɪˈɡɑpəɫi/
Oligopoly
[NOUN]
1

(economics) a market structure in which only a few competitors are involved but none of them have the overall control

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Examples
1. Oligopolies are all over the place.
2. Question 3, does the medical profession have an oligopoly?
3. An oligopoly is essentially the same thing as a monopoly.
4. The idea of companies are becoming much more oligopolies.
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