duopoly Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “duopoly” in the English Dictionary

"duopoly" in Business English

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duopolynoun [C, usually singular]

uk   /djuˈɒpəli/  us   /duˈɒpəli/ (plural duopolies) ECONOMICS
a ​situation in which only two ​companiescontrol 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 ​hardesthit by the duopoly's ​falling out.
(Definition of duopoly from the Cambridge Business English Dictionary © Cambridge University Press)
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“duopoly” in Business English

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