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duopoly

noun

du·​op·​o·​ly du̇-ˈä-pə-lē How to pronounce duopoly (audio)
 also  dyu̇-
plural duopolies
1
: an oligopoly limited to two sellers
2
: preponderant influence or control by two political powers
duopolistic adjective

Examples of duopoly in a Sentence

Recent Examples on the Web Visa and its main competitor, Mastercard , form a global duopoly in the payment processing industry. Ganesh Rao, CNBC, 4 Sep. 2024 Zealand is one of several pharma companies that are racing to break up the current weight loss drug duopoly held by Novo Nordisk (NVO), the manufacturer of Ozempic and Wegovy, and Eli Lilly (LLY), the maker of Zepbound. Bruce Gil, Quartz, 16 Aug. 2024 The lucrative market for weight loss drugs won’t stay a duopoly forever. Christina Cheddar Berk, CNBC, 28 July 2024 Viking is one of many pharma companies racing to break up the current weight loss drug duopoly held by Novo Nordisk, the manufacturer of Ozempic and Wegovy, and Eli Lilly, the maker of Zepbound. Bruce Gil, Quartz, 25 July 2024 See all Example Sentences for duopoly 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'duopoly.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

duo- + -poly (as in monopoly)

First Known Use

1920, in the meaning defined at sense 1

Time Traveler
The first known use of duopoly was in 1920

Dictionary Entries Near duopoly

Cite this Entry

“Duopoly.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/duopoly. Accessed 8 Sep. 2024.

More from Merriam-Webster on duopoly

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