Etymology

duopoly

du·o·po·ly
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Today it means: An economic condition in which two sellers exert most control over the market of a commodity. Full definition →

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The story

PIE word *dwóh₁ From duo- (prefix meaning ‘two’) + -poly (suffix meaning ‘pertaining to the number of sellers in a market’), by analogy with monopoly.

Etymology from Wiktionary, CC BY-SA 4.0.