duopsony

English

Alternative forms

• dyopsony

Etymology

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

Noun

duopsony (plural duopsonies)

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

Derived terms

• duopsonist, duopsonistic, duopsonistically