Meanings of monopsony in English

One 2007 monopsony case involved the nation's largest lumber manufacturer.

The guidelines replaced a document from 1997 and included an expanded discussion of monopsony.

You don't have a monopsony on meaning.

In 2010, the department drew attention to monopsony concerns when it released revised guidelines for corporations considering mergers.

Consumers may even benefit from monopsony if a company cuts its prices, although the savings are not always passed along.

A monopsony is a dynamic where many sellers have only one buyer, who can beat the sellers down on price.

A monopoly is one seller with many buyers, while a monopsony (pronounced muh-NOP-suh-nee) is one buyer with many sellers.

Wal-Mart Stores Inc has routinely faced criticism that it has monopsony power because of its ability to drive down the prices it pays suppliers.

Instead of a single, dominant seller in a particular market, monopsonies involve buyers.

Monopsony has been getting more attention within the Justice Department.

Monopsony concerns tend to have a lower profile because they may not directly affect consumers.

Monopsony is most often an issue in agriculture.

Pharmaceutical monopsonies have become notorious for price-fixing schemes.

Under these conditions (known as monopsonies), raising the minimum wage could actually increase employment, by drawing more people into the workforce.

But monopsonies were widely thought to be exceptionally unusual -only found in markets for very specialised labour, such as professional athletes or college professors.