$ curl -fL https://raw.githubusercontent.com/docker/compose-switch/master/install_on_linux.sh | sh

$ curl -fL https://github.com/docker/compose-switch/releases/latest/download/docker-compose-linux-amd64 -o /usr/local/bin/compose-switch

$ chmod +x /usr/local/bin/compose-switch

$ mv /usr/local/bin/docker-compose /usr/local/bin/docker-compose-v1

$ update-alternatives --install /usr/local/bin/docker-compose docker-compose <PATH_TO_DOCKER_COMPOSE_V1> 1
$ update-alternatives --install /usr/local/bin/docker-compose docker-compose /usr/local/bin/compose-switch 99

$ update-alternatives --display docker-compose
docker-compose - auto mode
  link best version is /usr/local/bin/compose-switch
  link currently points to /usr/local/bin/compose-switch
  link docker-compose is /usr/local/bin/docker-compose
/usr/bin/docker-compose - priority 1
/usr/local/bin/compose-switch - priority 99

$ update-alternatives --config docker-compose
There are 2 choices for the alternative docker-compose (providing /usr/local/bin/docker-compose).
  Selection    Path                           Priority   Status
------------------------------------------------------------
* 0            /usr/local/bin/compose-switch   99        auto mode
  1            /usr/bin/docker-compose         1         manual mode
  2            /usr/local/bin/compose-switch   99        manual mode
Press <enter> to keep the current choice[*], or type selection number: