Apr 28, 2025 · A duopoly is a situation where two companies together own all, or nearly all, of the market for a given product or service.

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, and most (if not all) of the competition within that …

Duopolies, characterized by two dominant firms in a market, wield significant influence, often resembling monopolies, leading to reduced competition and potentially higher prices for consumers.

The meaning of DUOPOLY is an oligopoly limited to two sellers.

What is a Duopoly? A duopoly is a type of oligopoly, characterized by two primary corporations operating in a market or industry, producing the same or similar goods and services. The key …

Jun 7, 2021 · A duopoly is a market structure that is dominated by two firms, while a pure duopoly is a market where only two firms exist. Most duopolies, however, are markets where the two largest firms …

DUOPOLY definition: 1. a situation in which only two companies control all the business in a particular industry: 2…. Learn more.

Definition of duopoly noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

Mar 19, 2024 · A duopoly is a unique economic situation where two companies dominate a specific market, influencing prices and competition. In this article, we explore the definition of duopoly, its …

A duopoly is a market structure in which two companies dominate the market for a particular good or service, significantly influencing pricing and output decisions.