Meaning
An economic condition in which a small number of sellers exert control over the market of a commodity.
Etymology
Origin: Unknown
PIE word *h₃ligos From oligo- (prefix meaning ‘few; several’) + -poly (suffix meaning ‘pertaining to the number of sellers in a market’), by analogy with monopoly.
NYT Puzzle Appearances
No published puzzle dates on file for this word yet. It is part of the official NYT Spelling Bee word list for 2018, 2019.