|—n , pl -lies|
|economics a market situation in which control over the supply of a commodity is held by a small number of producers each of whom is able to influence prices and thus directly affect the position of competitors|
|[C20: from |
|an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.|
|a chattering or flighty, light-headed person.|
Control over the production and sale of a product or service by a few companies.