Definitions for duopoly
duˈɒp ə li, dyu-du·op·o·ly

WiktionaryRate this definition:0.0 / 0 votes

1. duopolynoun

   A market situation in which two companies exclusively provide a particular product or service.

2. Etymology: By analogy with monopoly based on Greek δυο + πωλειν.

WikipediaRate this definition:0.0 / 0 votes

1. Duopoly

   A duopoly (from Greek δύο, duo "two" and πωλεῖν, polein "to sell") is a type of oligopoly where two firms have dominant or exclusive control over a market. It is the most commonly studied form of oligopoly due to its simplicity. Duopolies sell to consumers in a competitive market where the choice of an individual consumer can not affect the firm. The defining characteristic of both duopolies and oligopolies is that decisions made by sellers are dependent on each other.

WikidataRate this definition:5.0 / 1 vote

1. Duopoly

   A true duopoly is a specific type of oligopoly where only two producers exist in one market. In reality, this definition is generally used where only two firms have dominant control over a market. In the field of industrial organization, it is the most commonly studied form of oligopoly due to its simplicity.

How to pronounce duopoly?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say duopoly in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of duopoly in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of duopoly in Pythagorean Numerology is: 9

Examples of duopoly in a Sentence

1. Rob Morris:

   Industrially and competitively it is logical in a duopoly that you need a reasonably strong competition.

2. Cellcom Chairman Ami Erel:

   This is a significant move with the possibility of real growth from the entry of our triple play, which has huge potential in a market dominated by the HOT/Bezeq duopoly.

3. Wenonah Hauter:

   Any merger that consolidates this market into fewer hands will give farmers fewer choices and put them at even more economic disadvantage, the (seed) market is already dominated by Monsanto. You're almost creating duopoly in the market, and that's a problem.

4. Federal Reserve Governor Jerome Powell:

   We should promote greater competition in this market. The economics of securitization do not require a duopoly, we ought to do whatever we can to make the possibility of future housing bailouts as remote as possible.

5. Jim Teague:

   We used to get 14 to 15 cents per gallon. We enjoyed a duopoly. I'm not going to tell you we're going to have the same kind of margins, but we're going to make it up in volume.

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References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Duopoly
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Duopoly
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=duopoly