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Glite Dictionary
duopoly

duopoly

4 8.2
Two companies or groups that dominate a market
  • noun
  • /djuːˈɒpəli/
  • Specialized
translation icon : duopolio
  • They're leaving the duopoly, and I very much consider myself part of that trend.

So it really is a duopoly and they have incredible pricing power.

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Examples

  • A unified populist third party is probably the available 'political' strategy for breaking the duopoly's hold on American politics.

    Blog text (30)

  • So the competition effect is, do you want to do more in a duopoly or monopoly?

  • If we do not break the duopoly, it will break us.

  • Right now, the duopoly of the D & R parties is killing America.

    Blog text (19)

  • So it really is a duopoly and they have incredible pricing power.

    The Prof G Pod – Scott Galloway

  • It's time for more than the duopoly of the business class (or the 1% to be more accurate).

    Blog text (8)

  • Scott, the NYSE and the NASDAQ have had this duopoly on the US stock market for years now.

    The Prof G Pod – Scott Galloway

  • Top 2, together with gerrymandering, are tactics to keep the duopoly in power and disempower independent parties.

    Blog text (30)

  • My intent in voting for Goode is to repudiate the two-party duopoly system.

    Blog text (8)

  • The two companies created a duopoly that significantly stifled competition in the market.

Synonyms

oligopoly
vsduopoly
  • Specialized
2 9.6

A market with a few companies that control supply and set prices

means exactly two dominant firms rather than a small group

Antonyms

monopoly
  • Specialized
148 4.9

Only one company sells and controls a product or service

How Concentrated

monopoly
  • Specialized
148 4.9
duopoly
  • Specialized
4 8.2
oligopoly
  • Specialized
2 9.6
competitive
375 3.3

Surface Forms

duopoly singular
duopolies plural

Morphology

duopoly = duo + poly

This is a learned economic term built from a combining form meaning 'two' plus a bound element seen in words like monopoly, but the full market-control meaning is not directly predictable from the parts for an average learner.

Etymology

Duopoly comes from duo- meaning 'two' and -poly, the same part in monopoly that comes from a word for 'to sell' or 'single seller'. So, a duopoly is when two companies 'control' a market.