Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “duopoly”

duopoly

noun [C, usually singular]
 
 
/djuˈɒpəli/ US   /duˈɒpəli/ (plural duopolies) ECONOMICS
a situation in which only two companies control all the business in a particular industry: The merger would clearly create a duopoly in the industry.
the two companies that control all the business in a particular industry: It was their magazine that was hardest hit by the duopoly's falling out.
(Definition of duopoly from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of duopoly?
Add Cambridge dictionaries to your browser to your website

Word of the Day

roost

When birds roost, they go somewhere to rest or sleep.

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More