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monopsony
[ muh-nop-suh-nee ]
noun
plural monopsonies.
- the market condition that exists when there is one buyer.
monopsony
/ əˈɒəɪ /
noun
- a situation in which the entire market demand for a product or service consists of only one buyer
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Derived Forms
- ˌԴDZˈԾپ, adjective
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Other yvlog Forms
- ·ԴDZs·Ծ noun
- ·ԴDZȴ·Ծt adjective
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yvlog History and Origins
Origin of monopsony1
First recorded in 1930–35; mon- + Greek DZōí “shopping, purchase of provisions”
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yvlog History and Origins
Origin of monopsony1
C20: mono- + Greek DZōԾ purchase, from DZōԱ to buy
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Example Sentences
Examples have not been reviewed.
A monopsony is a market situation in which there is only one buyer in a market.
From
But what is new is a monopsony case focused on the highest-paid sellers.
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The trial was not about whether the deal would create a monopoly, but about whether it would lead to a monopsony, or too much control over suppliers — in this case, top-selling writers.
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If you sell salami, and there is only one sandwich shop around to buy it, that’s a monopsony.
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The Justice Department says this merger would make for too much consolidation in the publishing industry, creating what’s called a monopsony.
From
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