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Duopoly

   Also found in: Dictionary/thesaurus, Wikipedia 0.06 sec.
Duopoly
A situation in which two companies own all or nearly all of the market for a given type of product or service.

Notes:
This is very similar to a monopoly, where only one company dominates the market.



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The duopoly is adding four hours of news per week, taking us to 64 hours of news per week," he said.
Ideally, the duopoly can send its crews to more diverse locations, rather than try to beat one another to a few spots.
The move breaks the fixed-line duopoly of state-owned Pacifitel and Andinatel.
 
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