The story
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.
Etymology from Wiktionary, CC BY-SA 4.0.
oligopoly
oli·go·po·lyToday it means: An economic condition in which a small number of sellers exert control over the market of a commodity. Full definition →