duopoly
English
editEtymology
editPIE word |
---|
*dwóh₁ |
From duo- (prefix meaning ‘two’) + -poly (suffix meaning ‘pertaining to the number of sellers in a market’), by analogy with monopoly.[1]
Pronunciation
edit- (Received Pronunciation) IPA(key): /djuːˈɒpəli/, /duː-/
- (General American) IPA(key): /duˈɑpəli/
Audio (General American): (file)
- Rhymes: -ɒpəli
- Hyphenation: du‧o‧po‧ly
Noun
editduopoly (countable and uncountable, plural duopolies)
- (economics) An economic condition in which two sellers exert most control over the market of a commodity.
- Modern examples of duopoly include the American markets for credit cards (Visa and MasterCard), smartphones (Apple and Google), soft drinks (Coca-Cola and Pepsi), and airplanes (Airbus and Boeing).
- (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[1], 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[2], 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[3]:
- 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.
- First past the post voting has long maintained American politics as an effective duopoly where power simply alternates between two main parties.
- (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 forms
editHyponyms
edit- (politics): two-partyism, two-party system
Coordinate terms
editDerived terms
editRelated terms
editTranslations
editeconomic condition in which two sellers exert (most of the) control over the market of a commodity
|
domination of a field of endeavour by two entities or people
References
edit- ^ “duopoly, n.”, in OED Online , Oxford: Oxford University Press, July 2023; “duopoly, n.”, in Lexico, Dictionary.com; Oxford University Press, 2019–2022.
Further reading
edit- duopoly on Wikipedia.Wikipedia
- duopoly (broadcasting) on Wikipedia.Wikipedia
Categories:
- English terms derived from the Proto-Indo-European word *dwóh₁
- English terms derived from Proto-Indo-European
- English terms derived from the Proto-Indo-European root *pel-
- English terms prefixed with duo-
- English terms suffixed with -poly
- English 4-syllable words
- English terms with IPA pronunciation
- English terms with audio pronunciation
- Rhymes:English/ɒpəli
- Rhymes:English/ɒpəli/4 syllables
- English lemmas
- English nouns
- English uncountable nouns
- English countable nouns
- en:Economics
- English terms with usage examples
- English terms with quotations
- en:Broadcasting
- en:Two