adjective
- of, relating to, or characteristic of a duopoly; involving or controlled by two competing firms or entities
Usage: economics; business
Examples
- The smartphone market has become increasingly duopolistic, dominated by Apple and Samsung.
- Duopolistic competition between the two airlines led to lower ticket prices.
- The duopolistic structure of the industry limits consumer choice.
- Many economists worry about duopolistic practices that reduce market competition.
- The telecommunications sector exhibits duopolistic characteristics in several regions.