A duopoly is a market structure in which two companies dominate the market for a particular product or service. In Pakistan, there are several examples of duopolies in various industries. Here are a few examples:
Telecommunications: Pakistan has two major telecommunications companies: Pakistan Telecommunication Company Limited (PTCL) and Mobilink. These two companies dominate the telecommunications market in Pakistan and have a significant market share.
Banking: The banking industry in Pakistan is dominated by two major banks: Habib Bank Limited (HBL) and United Bank Limited (UBL). These two banks have a significant presence in the Pakistani banking market and have a large share of the market.
Cement: The cement industry in Pakistan is dominated by two major companies: Lucky Cement and DG Khan Cement. These two companies have a significant share of the cement market in Pakistan and are major players in the industry.
Overall, duopolies are common in Pakistan, with two companies dominating many different industries.