duopsony
noun
du·op·so·ny
-psənē
plural -es
: a market situation in which two rival buyers hold the controlling power of determining the demand for a product or service from a large number of sellers compare monopsony, oligopsony
Word History
Etymology
duo- + Greek opsōnia purchase of victuals, catering, from opsōnein to purchase victuals (from opson prepared food, relish) + -ia -y