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{%type%} Definitions

WordNet 3.0Copyright Princeton University
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Short "hint"

A market situation in which two competing sellers hold the controlling power of determining the amount and price of a product or service offered to a large number of buyers.

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Usage examples (38)
  • Until something like that happens, the duopoly is the state of the world, no matter how much Ralph Nader bangs his little fists.
  • But the solution to a monopoly or duopoly is competition.
  • And that's why it doesn't matter which of the duopoly is currently in charge.
  • The party duopoly is really only a late 19th and early 20th century phenomenon.
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