du·op·o·ly

[doo-op-uh-lee, dyoo-]
noun, plural du·op·o·lies.
the market condition that exists when there are only two sellers. Compare monopoly ( def 1 ), oligopoly.

Origin:
1915–20; duo- + (mono)poly

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World English Dictionary
duopoly (djʊˈɒpəlɪ) [Click for IPA pronunciation guide]
 
n , pl -lies
a situation in which control of a commodity or service in a particular market is vested in just two producers or suppliers
 
duopolistic
 
adj

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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00:10
Duopoly is always a great word to know.
So is ort. Does it mean:
a scrap or morsel of food left at a meal.
a gadget; dingus; thingumbob.
Example sentences
Better to have a vibrant multi-party system with narrower, coherent parties than the current duopoly.
Because in the face of this cozy duopoly, email innovation has slowed to a crawl.
The electoral system has created a built-in political duopoly.
For two decades they have enjoyed a duopoly in this part of the market, roughly splitting sales between them.
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