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

Derived Forms

• duopolistic, adjective

Word History and Origins

Origin of duopoly¹

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

Example Sentences

Rocket Lab might soon have something to say about that duopoly.

From MIT Technology Review

A string of recent events in China’s payments industry suggests the duopoly comprising Ant Group and Tencent may be getting a shakeup.

From TechCrunch

Apple and Google hold a duopoly over the mobile app market outside China.

From Fortune

No matter what happens with TikTok, marketers don’t want to be so dependent on the duopoly anymore.

From Digiday

Before the duopoly of Google and Facebook, Microsoft was one of the major players in the digital advertising industry.

From Digiday

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

From The Daily Beast

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

From The Daily Beast