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After 5 years
- 14 Laundry tenders submitted by Grosvenor Contracts
- 7 Failed to award and remain with duopoly supplier
- 2 Wins – both challenged and remain with a duopoly supplier
- 5 Awarded – All remain with duopoly supplier
A true duopoly (from Greek duo δύο (two) + polein πωλεῖν (to sell)) is a specific type of oligopoly where only two producers exist in one market. In reality, this definition is generally used where only two firms have dominant control over a market. In the field of industrial organization, it is the most commonly studied form of oligopoly due to its simplicity.