du·op·o·ly (d - p  -l , dy-)n. An economic or political condition in which power is concentrated in two persons or groups. [duo- + (mono)poly.] |
duopoly [djʊˈɒpəlɪ]
n
(Business / Commerce) a situation in which control of a commodity or service in a particular market is vested in just two producers or suppliers
duopolistic [djʊɒˌpəˈlɪstɪk] adj
duopoly
the market condition that exists when there are only two sellers. — duopolist, n. — duopolistic, adj.
See also: Trade
Translations
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