- 1a right to trade in a particular product or service, held by only two companies or organizations
- 2a group of two companies or organizations who hold a duopoly compare monopoly Word Origin1920s: from duo-, on the pattern of monopoly.
duopoly
nounBrE BrE//djuːˈɒpəli//; NAmE NAmE//duːˈɑːpəli//
(pl. duopolies) (business)Check pronunciation: duopoly