duopoly

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English[edit]

Etymology[edit]

PIE word
*dwóh₁
Coca-Cola and Pepsi are often called a duopoly (sense 1) in the cola soft drinks market.

From duo- (prefix meaning ‘two’) +‎ -poly (suffix meaning ‘pertaining to the number of sellers in a market’), by analogy with monopoly.[1]

Pronunciation[edit]

Noun[edit]

duopoly (countable and uncountable, plural duopolies)

  1. (economics) An economic condition in which two sellers exert (most of the) control over the market of a commodity.
  2. (by extension)
    1. The domination of a field of endeavour by two entities or people.
    2. (broadcasting) A situation in which two or more radio or television stations in the same city or community share common ownership.
      Synonym: (Canada) twinstick

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References[edit]

  1. ^ duopoly, n.”, in OED Online Paid subscription required, Oxford, Oxfordshire: Oxford University Press, July 2023; duopoly, n.”, in Lexico, Dictionary.com; Oxford University Press, 2019–2022.

Further reading[edit]