DUOPOLY

Etymology

Noun

duopoly (countable and uncountable, plural duopolies)

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

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

(broadcasting, by extension) Situation in which two or more TV or radio-stations in the same city or community share common ownership.

Source: Wiktionary



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Word of the Day

23 November 2024

THEORETICAL

(adjective) concerned primarily with theories or hypotheses rather than practical considerations; “theoretical science”


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Coffee Trivia

Raw coffee beans, soaked in water and spices, are chewed like candy in many parts of Africa.

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