duopoly

/djuหหˆษ’pษ™li/

IPA: /D UW1 OW0 P AA0 L IY0/

noun
  1. 1

    A market situation in which two companies exclusively provide a particular product or service.

  2. 2

    (by extension) The domination of a field of endeavor by two people or entities.

  3. 3

    (by extension) Situation in which two or more TV or radio-stations in the same city or community share common ownership.

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Source: https://en.wiktionary.org/wiki/duopoly

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