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duopoly

[ doo-op-uh-lee, dyoo- ]

noun

, plural du·op·o·lies.
  1. the market condition that exists when there are only two sellers. Compare monopoly ( def 1 ), oligopoly.

duopoly

/ ˌdjʊɒpəˈlɪstɪk; djʊˈɒpəlɪ /

noun

  1. a situation in which control of a commodity or service in a particular market is vested in just two producers or suppliers

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Derived Forms

  • duopolistic, adjective

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Word History and Origins

Origin of duopoly1

First recorded in 1915–20; duo- + (mono)poly

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Example Sentences

And more importantly, an Orman victory could signal a broader assault against the duopoly that controls congress.

Today, two upstarts on opposite coasts are attacking the duopoly with tech-influenced business models.

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