BabelNet

bn:00055747n

Noun Concept

Categories: Monopsonies, Market failure, Monopoly (economics), Articles with short description

monopsony Buyer's monopoly monopsonies monopsonist monopsonistic

(economics) a market in which goods or services are offered by several sellers but there is only one buyer WordNet 3.0

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(economics) a market in which goods or services are offered by several sellers but there is only one buyer WordNet 3.0 & Open English WordNet

In economics, a monopsony is a market structure in which a single buyer substantially controls the market as the major purchaser of goods and services offered by many would-be sellers. Wikipedia

Economic system with only one buyer from many possible sellers; contrasted with monopoly Wikidata

A market situation in which there is only one buyer for a product. Wiktionary

Market situation in which there is only buyer for a product. Wiktionary (translation)

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monopsony

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Buyer's monopoly, monopsonies, monopsonist, monopsonistic, monopsonistic competition, Monopsony Labor Market, monopsony power, Monosopny, Monosopy