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Definition of Oligopsony
1. Noun. An economic condition in which a small number of buyers exert control over the market price of a commodity. ¹
¹ Source: wiktionary.com
Definition of Oligopsony
1. [n -NIES]
Lexicographical Neighbors of Oligopsony
Literary usage of Oligopsony
Below you will find example usage of this term as found in modern and/or classical literature:
1. Market Access After the Uruguay Round: Investment, Competition and by Pierre Sauvé, Americo Beviglia Zampetti (1996)
"Global rationalisation through mergers and acquisitions can promote oligopoly
and oligopsony, thus increasing market power. Strategic alliances, which have ..."
2. Federal Antitrust Policy in the Health Care Marketplace: Hearing Before the edited by Orrin G. Hatch (1997)
"However, the reality is that nationally we are edging toward an oligopsony of
large managed care plans. By permitting the almost unbridled growth of ..."
3. Organic Agriculture: Sustainability, Markets, and Policies by OECD (2003)
"... processors, importers, or distributors, thereby creating oligopsony.
Another reason is that retailers have relatively little organic brand competition ..."
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