duopsony

noun
du·​op·​so·​ny | \-psənē\
plural -es

Definition of duopsony 

: a market situation in which two rival buyers hold the controlling power of determining the demand for a product or service from a large number of sellers — compare monopsony, oligopsony

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History and Etymology for duopsony

duo- + Greek opsōnia purchase of victuals, catering, from opsōnein to purchase victuals (from opson prepared food, relish) + -ia -y

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Dictionary Entries near duopsony

duomo

duo-pianist

duopoly

duopsony

duotone

duotype

dup

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