duopsony

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English[edit]

Etymology[edit]

By analogy with monopsony based on Ancient Greek δύο (dúo, two) + ὀψωνία (opsōnía, purchase).

Noun[edit]

duopsony (plural duopsonies)

  1. An economic condition in which two buyers exert control over the market price of a commodity.

Derived terms[edit]