duopsony

[doo-op-suh-nee, dyoo-]

noun, plural du·op·so·nies.

the market condition that exists when there are only two buyers.

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Compare monopsony, oligopsony.

Origin of duopsony

du(o)- + -opsony < Greek opsōnía purchasing of food, equivalent to óps(on) viands + ōn(eîsthai) to buy + -ia -y³

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018