duopoly

What is another word for duopoly? Here is its meaning, with related words and examples.

Noun — A market condition in which two sellers between them control most of the trade in a particular good or service.

We haven't recorded synonyms for duopoly yet. You can still read its full definition, where it comes from, or words that rhyme with it.

How to use duopoly

The word patterns that sound natural to a native speaker.

form a duopoly effective duopoly break up the duopoly

It is mostly used in economics and business writing, though it also appears in general commentary about two dominant rivals.

Etymology

Duopoly combines the prefix duo-, meaning two, with the suffix -poly, which refers to the number of sellers in a market. It was formed on the model of the older word monopoly.

Full origin of duopoly →

Frequently asked questions

What does duopoly mean?

A duopoly is a market or field controlled by just two main sellers or players, rather than one (a monopoly) or many.

What is the difference between a duopoly and a monopoly?

A monopoly has a single dominant seller, while a duopoly has two sellers who together hold most of the market.

Can duopoly describe things outside economics?

Yes, it is also used more loosely for any situation where two entities or people dominate a field, not just a commercial market.

Nearby words

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