▲ 21 ▼ Monopsony (en.wiktionary.org) submitted 7 months ago by user_name@lemmy.world to c/Logophilia@mander.xyz comment fedilink hide all child comments A market situation in which there is only one buyer for a product. A buyer with disproportionate power. Basically the reverse of a monopoly, a market controlled by a single or dominant seller.
no comments (yet)