duopsony

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

/ duˈɒp sə ni, dyu- /

noun, plural du·op·so·nies.

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

Nearby words

duodenotomy, duodenum, duologue, duomo, duopoly, duopsony, duotone, duotype, dup, dup., duparc

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. 2019