duopoly

noun
du·​op·​o·​ly | \ du̇-ˈä-pə-lē How to pronounce duopoly (audio) also dyu̇- \
plural duopolies

Definition of duopoly

1 : an oligopoly limited to two sellers
2 : preponderant influence or control by two political powers

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Other Words from duopoly

duopolistic \ d(y)u̇-​ˌä-​pə-​ˈli-​stik How to pronounce duopoly (audio) \ adjective

Examples of duopoly in a Sentence

Recent Examples on the Web Shares in Airbus were up 0.4% at the open, and Boeing's were off 0.9% in pre-market on news that United Airlines is expected to purchase 200 narrow-body planes from the duopoly, one of its biggest aircraft orders ever. Bernhard Warner, Fortune, 28 June 2021 Of course, Chinese commerce is already largely digitized, thanks to the private duopoly of WeChat and Alipay, which together comprise 96% of all mobile payments in the country. Charlie Campbell, Time, 11 Aug. 2021 Meanwhile, concerns are also rising that the two billionaires together could create a duopoly that might be hard to break. Niharika Sharma, Quartz, 30 June 2021 The accord turns the page on a key conflict in former President Donald Trump’s trade war and sets the stage for a new era of transatlantic cooperation over state aid at a time when China is vying to displace the Boeing-Airbus civil aircraft duopoly. Nikos Chrysoloras, Fortune, 15 June 2021 Two major acquisitions last year by steelmaking titan Cleveland-Cliffs—AK Steel for $1.1 billion and U.S. steel mills from ArcelorMittal for $1.4 billion—has essentially made the steel industry a duopoly. Fortune, 8 July 2021 The deal might help solidify the duopoly of Airbus and Boeing, which together dominate the global market for airline jets. Paul Wiseman, Star Tribune, 15 June 2021 Amazon’s advertising platform is viewed by many as a welcome challenger to the Facebook-Google GOOG +3.2% duopoly. Kiri Masters, Forbes, 26 Apr. 2021 Wong himself was forced to set up an online grocery unit after his proposal to host online shopping for the city's grocery duopoly, Welcome and ParknShop, was spurned. Shu-ching Jean Chen, Forbes, 6 May 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'duopoly.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of duopoly

1920, in the meaning defined at sense 1

History and Etymology for duopoly

duo- + -poly (as in monopoly)

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Time Traveler for duopoly

Time Traveler

The first known use of duopoly was in 1920

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Dictionary Entries Near duopoly

duo-pianist

duopoly

duopsony

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Statistics for duopoly

Last Updated

21 Sep 2021

Cite this Entry

“Duopoly.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/duopoly. Accessed 27 Sep. 2021.

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More from Merriam-Webster on duopoly

Nglish: Translation of duopoly for Spanish Speakers

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