Dictionary of the word “duopoly”
Meaning of the word
The term “duopoly” refers to a market situation in which only two companies dominate the offer of a particular product or service. It is a form of oligopoly, but with only two companies in market control.
Origin of the word
The word “duopoly” originates in the Latin “duo”, which means “two”, and “polyum”, which means “to sell”. The junction of these words resulted in “duopoly”, which represents the sale controlled by two companies.
Word adverbs
Adverbs related to the word “duopoly” are:
- Duopolostically
- Duopolostically
Conjunctions of the word
Conjunctions related to the word “duopoly” are:
- e
- or
Synonyms of the word
Some synonyms of the word “duopoly” are:
- Bilateral oligopoly
- Double monopoly
Word Definitions
Some definitions of the word “duopoly” are:
- market situation where only two companies control the offer of a product or service.
- OLIGOPOLIO form with only two dominant companies.
Phrases that the word applies
Some phrases in which the word “duopoly” can be applied:
- The telecommunications sector in the country is dominated by a duopoly.
- The two largest soft drink companies set a duopoly on the market.
Examples of the word in text
Example 1: In the aviation sector, there are duopoly cases, where only two airlines control most flights.
Example 2: The smartphone market is dominated by a duopoly, with two companies leading sales.
Rhymes with the word
Words that rhyme with “duopoly”:
- Monopoly
- POLYPOLIO
- Tripoly
Anagrams with the word
Possible Anagrams with the word “Duopoly”:
- POLYPODE
- POLYPODE