VS.

Duopoly vs. Oligopoly

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Duopolynoun

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

Oligopolynoun

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

Duopolynoun

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

Oligopolynoun

(economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors

Duopolynoun

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

Oligopoly

An oligopoly (from Greek ὀλίγος, oligos and πωλεῖν, polein ) is a market form wherein a market or industry is dominated by a small group of large sellers (oligopolists).

‘few’; ‘to sell’;

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Duopoly

A duopoly (from Greek δύο, duo and πωλεῖν, polein ) is a type of oligopoly where two firms have dominant or exclusive control over a market. It is the most commonly studied form of oligopoly due to its simplicity.

‘two’; ‘to sell’;

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