duopoly
Market with two
A duopoly is a market dominated by two sellers.
The term parallels monopoly (one seller) and extends to any situation where two entities hold overwhelming control: The duopoly of Coke and Pepsi, a political duopoly of two major parties.
The word often carries critical undertones, suggesting limited choice or collusion.
Price-fixing coalition
- collusionFraudulent secret cooperation
- market powerControl over transaction terms
- price fixingIllegal coordinated rate-setting
- barriers to entryFactors blocking market access
market concentration · antitrust · market share · interdependence · market failure · profit maximization · game theory
cartel
Price-fixing coalition
- collusionFraudulent secret cooperation
- market powerControl over transaction terms
- price fixingIllegal coordinated rate-setting
barriers to entry · market concentration · antitrust · market share · interdependence · market failure · profit maximization · game theory
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- market economicsperfect competition, monopsony, market concentration, market power, antitrust
- microeconomicsdemand, supply, supply and demand, price, market
- Market Leadershipmarket share, market leader, number one, top seller, best seller
- industry sizescale, large-scale, small-scale, startup, expansion
- market standingleader, challenger, incumbent, frontrunner, underdog
duopolyperfect competition
Frictionless market ideal
monopoly · competitive market · free market · open market · open competition