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Monopsony
Post Reply RetroFed Forum Forum Index » Logophilia
AuthorMessage
user_name lemmy.world user_name@lemmy.world
Joined: 2025-05-09
Quote
Link: https://en.wiktionary.org/wiki/monopsony
  1. A market situation in which there is only one buyer for a product.
  2. A buyer with disproportionate power.

Basically the reverse of a monopoly, a market controlled by a single or dominant seller.
22   Original
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