different between duopoly vs oligopoly

duopoly

English

Etymology

By analogy with monopoly, from the Latin-derived prefix duo- and the Greek-derived suffix -poly.

Pronunciation

  • IPA(key): /dju???p?li/, /du???p?li/

Noun

duopoly (countable and uncountable, plural duopolies)

  1. (economics) A market situation in which two companies exclusively provide a particular product or service.
  2. (by extension) The domination of a field of endeavor by two people or entities.
  3. (broadcasting, by extension) Situation in which two or more TV or radio-stations in the same city or community share common ownership.

Derived terms

  • duopolist, duopolistic, duopolistically

Related terms

  • monopoly
  • oligopoly

Translations

See also

  • Duopoly (broadcasting) on Wikipedia.Wikipedia

duopoly From the web:

  • what duopoly means
  • what is duopoly and its characteristics
  • what is duopoly and oligopoly
  • what is duopoly market with examples
  • what is duopoly model
  • what is duopoly game
  • what is duopoly market pdf
  • what does duopoly mean in business


oligopoly

English

Etymology

Derived, by analogy with monopoly, from Ancient Greek ?????? (olígoi, few) + ????? (p?lé?, to sell).From oligo- +? -poly

Pronunciation

  • (UK) IPA(key): /?l????p?li/
  • (US) IPA(key): /?l????p?li/

Noun

oligopoly (plural oligopolies)

  1. An economic condition in which a small number of sellers exert control over the market of a commodity.

Related terms

  • oligopolist, oligopolistic, oligopolistically, oligopolize

Related terms

  • monopoly
  • duopoly

Translations

See also

  • duopoly
  • monopoly
  • oligopsony

oligopoly From the web:

  • what oligopoly is beneficial to producers
  • what oligopoly and monopoly
  • what oligopoly do
  • oligopoly what industry
  • what is oligopoly in economics
  • what is oligopoly competition
  • what distinguishes oligopoly from monopolistic competition
  • what is oligopoly market structure
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