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duopoly
[ doo-op-uh-lee, dyoo- ]
/ duˈɒp ə li, dyu- /
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noun, plural du·op·o·lies.
the market condition that exists when there are only two sellers.Compare monopoly (def. 1), oligopoly.
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Origin of duopoly
First recorded in 1915–20; duo- + (mono)poly
Words nearby duopoly
duodenitis, duodenojejunostomy, duodenum, duologue, duomo, duopoly, duopsony, Duo-Tang, duotone, duotype, dup
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Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use duopoly in a sentence
British Dictionary definitions for duopoly
duopoly
/ (djʊˈɒpəlɪ) /
noun plural -lies
a situation in which control of a commodity or service in a particular market is vested in just two producers or suppliers
Derived forms of duopoly
duopolistic (ˌdjʊɒpəˈlɪstɪk), adjectiveCollins English Dictionary - Complete & Unabridged 2012 Digital Edition
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