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duopoly

/djuːˈɒp.ə.li/

/duˈɑː.pə.li/

duopolynoun

duopolies

/djuːˈɒp.ə.li/

/duˈɑː.pə.li/

Translations

The telecommunications market in the country is a duopoly.

Рынок телекоммуникаций в стране является дуополией.

Definitions

An economic market structure in which two firms dominate the supply of a particular good or service, limiting competition.

Mobile telephony in the country is a classic duopoly, with only two operators splitting the market between them.

Any situation, not necessarily economic, in which two dominant actors share control or exert predominant influence.

The political duopoly of the two major parties makes it hard for smaller parties to gain traction.

Synonyms

duopolyadjective

/djuːˈɒpəli/

/duˈɑːpəli/

Used attributively before another noun (e.g., 'duopoly market').

Definitions

Relating to or characteristic of a market or environment dominated by two entities.

The regulator is reviewing duopoly practices in the broadcast sector.