Meaning Of The Word Duopoly

Real Dictionary

What's the definition of Duopoly? Find Duopoly meanings, definitions and more at the Real Dictionary online.

Duopoly Meaning

Duopoly Definition
Duopoly Definition

What's The Definition Of Duopoly?

duopoly
variable noun: If two companies or people have a duopoly on something such as an industry, they share complete control over it and it is impossible for others to become involved in it.

duopoly in American English
control of a commodity or service in a given market by only two producers or suppliers
noun: the market condition that exists when there are only two sellers

duopoly in British English
noun: a situation in which control of a commodity or service in a particular market is vested in just two producers or suppliers

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