Monopsony

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Monopsony

Summary of Monopsony

The condition in which there is a single buyer for a given product or service, although there may be many suppliers.

(Main Author: William J. Miller)

Monopsony in International Trade

Meaning of Monopsony, according to the Dictionary of International Trade (Global Negotiator): A market with a single buyer, for example in certain countries, railway machinery and equipment.

Hierarchical Display of Monopsony

Business And Competition > Competition > Restriction on competition > Monopoly

Monopsony

Concept of Monopsony

See the dictionary definition of Monopsony.

Characteristics of Monopsony

Resources

Translation of Monopsony

Thesaurus of Monopsony

Business And Competition > Competition > Restriction on competition > Monopoly > Monopsony

See also

  • Buyer\’s monopoly
  • Monopoly of demand
  • Sole buyer

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