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duopoly

The correct spelling is duopoly.

How to pronounce duopoly

noun

IPA: /djuːˈɒpəli/

Say it like: Duo-pol-ee

The correct spelling is duopoly. A market situation in which two companies exclusively provide a particular product or service.

Usage Examples

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Definition

noun

  1. 1.A market situation in which two companies exclusively provide a particular product or service.
  2. 2.(by extension) The domination of a field of endeavor by two people or entities.
  3. 3.(by extension) Situation in which two or more TV or radio-stations in the same city or community share common ownership.

Similar words

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