Duopoly vs Duopsony - What's the difference?
duopoly | duopsony |
(economics) A market situation in which two companies exclusively provide a particular product or service.
* {{quote-news
, year=2012
, date=June 29
, author=Kevin Mitchell
, title=Roger Federer back from Wimbledon 2012 brink to beat Julien Benneteau
, work=the Guardian
An economic condition in which two buyers exert control over the market price of a commodity.
As nouns the difference between duopoly and duopsony
is that duopoly is a market situation in which two companies exclusively provide a particular product or service while duopsony is an economic condition in which two buyers exert control over the market price of a commodity.duopoly
English
(wikipedia duopoly)Noun
citation, page= , passage=In 2011, his spirit and body were shattered by Jo-Wilfried Tsonga in the semi-finals. Last night, the stakes were just as high – even though the tournament is not out of the first week – because there is a creeping perception that the Federer-Nadal duopoly is slowly giving way under pressure from below. }}
