Etymology
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oligopoly (n.)

"a state of limited competition in which a market is shared by a few producers or sellers," 1887, from Medieval Latin oligopolium, from Greek oligos "little, small," in plural, "the few" (a word of uncertain origin) + pōlein "to sell" (from PIE root *pel- (4) "to sell."). Related: Oligopolist.

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Definitions of oligopoly

oligopoly (n.)
(economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors;
From wordnet.princeton.edu