Duopoly



[doo-op-uh-lee, dyoo-] /duˈɒp ə li, dyu-/

noun, plural duopolies.
1.
the market condition that exists when there are only two sellers.
Compare (def 1), .
/djʊˈɒpəlɪ/
noun (pl) -lies
1.
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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