duopoly
English
WOTD – 29 July 2023
Etymology
PIE word |
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*dwóh₁ |
From duo- (prefix meaning ‘two’) + -poly (suffix meaning ‘pertaining to the number of sellers in a market’), by analogy with monopoly.[1]
Pronunciation
- (Received Pronunciation) IPA(key): /djuːˈɒpəli/, /duː-/
- (General American) IPA(key): /duˈɑpəli/
Audio (GA) (file)
- Rhymes: -ɒpəli
- Hyphenation: du‧o‧po‧ly
Noun
duopoly (countable and uncountable, plural duopolies)
- (economics) An economic condition in which two sellers exert (most of the) control over the market of a commodity.
- (by extension)
- The domination of a field of endeavour by two entities or people.
- 2012 June 29, Kevin Mitchell, “Roger Federer back from Wimbledon 2012 brink to beat Julien Benneteau”, in Alan Rusbridger, editor, The Guardian, London: Guardian News & Media, →ISSN, →OCLC, archived from the original on 2016-11-15:
- In 2011, his spirit and body were shattered by Jo-Wilfried Tsonga in the semi-finals. Last night, the stakes were just as high – even though the tournament is not out of the first week – because there is a creeping perception that the [Roger] Federer–[Rafael] Nadal duopoly is slowly giving way under pressure from below.
- 2018 February 10, “Spain’s centrist Ciudadanos are on the march”, in The Economist, London: Economist Group, →ISSN, →OCLC, archived from the original on 2018-05-17:
- In Spain, Socialist and PP governments have alternated since the 1980s. This cosy duopoly was weakened by the long recession that followed the bursting of Spain’s housing bubble in 2007.
- 2024 May 4, John Naughton, “The internet is in decline – it needs rewilding”, in The Guardian:
- And these industrial farms have concentrated into a series of duopolies. Google and Apple’s browsers have nearly 85% of the world market share. Microsoft and Apple’s two desktop operating systems have almost 90%. Google runs about 90% of global search. More than half of all phones come from Apple and Samsung, while 99% of mobile operating systems are from Google or Apple. Apple and Google’s email clients manage nearly 90% of global email. GoDaddy and Cloudflare serve about 50% of global domain name system requests. And so on.
- (broadcasting) A situation in which two or more radio or television stations in the same city or community share common ownership.
- Synonym: (Canada) twinstick
- The domination of a field of endeavour by two entities or people.
Alternative spellings
Coordinate terms
Derived terms
Related terms
Translations
economic condition in which two sellers exert (most of the) control over the market of a commodity
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References
- “duopoly, n.”, in OED Online , Oxford, Oxfordshire: Oxford University Press, July 2023; “duopoly, n.”, in Lexico, Dictionary.com; Oxford University Press, 2019–2022.
Further reading
- duopoly on Wikipedia.Wikipedia
- duopoly (broadcasting) on Wikipedia.Wikipedia
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