oligopsony

[US]/ˌɒlɪˈɡɒpsəni/
[UK]/ˌɑːlɪˈɡɑːpsəni/

Translation

n.market situation where a few buyers exert control over many sellers

Phrases & Collocations

oligopsony market

oligopsony power

oligopsony effect

oligopsony model

oligopsony behavior

oligopsony theory

oligopsony conditions

oligopsony structure

oligopsony influence

oligopsony analysis

Example Sentences

the market is characterized by oligopsony, where few buyers dominate.

in an oligopsony, suppliers have limited power over prices.

oligopsony can lead to lower prices for consumers.

understanding oligopsony is crucial for market analysts.

farmers often face oligopsony conditions when selling their products.

the government is concerned about the effects of oligopsony on competition.

oligopsony can result in reduced innovation in certain industries.

economists study oligopsony to understand market dynamics.

companies may collude in an oligopsony to control prices.

oligopsony can create challenges for new entrants in the market.

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