Looking for the meaning of the word DUOPOLY in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of DUOPOLY with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Duopoly
Speech Type: Noun
Etymology:
1920s: from duo-, on the pattern of monopoly
Audio Pronunciation:
Phonetic Spelling:
djʊˈɒpəli
Dialects: British English
Definition:
a situation in which two suppliers dominate the market for a commodity or service.
Short Definition:situation in which two suppliers dominate market for commodity or service
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