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monopsony
(redirected from Monopsony power)

    Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
mo·nop·so·ny  (m-nps-n)
n. pl. mo·nop·so·nies
A market situation in which the product or service of several sellers is sought by only one buyer.
[mon(o)- + Greek opsni, purchase of food; see duopsony.]
mo·nopso·nist n.
mo·nopso·nistic adj.
monopsony [məˈnɒpsənɪ]
n pl -nies
(Economics) a situation in which the entire market demand for a product or service consists of only one buyer
[mono- + Greek opsōnia purchase, from opsōnein to buy]
monopsonistic  adj
monopsony
the market condition that exists when only one buyer will purchase the products of a number of sellers. — monopsonist, n. — monopsonistic, adj.
See also: Trade
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.monopsony - (economics) a market in which goods or services are offered by several sellers but there is only one buyer
market, marketplace, market place - the world of commercial activity where goods and services are bought and sold; "without competition there would be no market"; "they were driven from the marketplace"
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
Translations
monopsony [məˈnɒpsənɪ] N → monopsonio m
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First, we derive specific pricing formulas for a market intermediary that simultaneously has monopsony power with respect to upstream purchases and monopoly power with respect to downstream sales.
Optimal two-part pricing in a carbon offset market: a comparison of ... by Fulton, Murray; Vercammen, James / Southern Economic Journal
Introduction One of the most widely held notions in sports economics is that owners of professional sports teams exercise monopsony power whenever and wherever they can.
The underpayment of restricted players in North American sports ... by Krautmann, Anthony C.; von Allmen, Peter; Berri, David / International Journal of Sport Finance
Welfare is likely to be adversely affected by the exercise of monopsony power in conditions where buyers have the ability to exploit a competitive supplying industry to depress market prices below competitive levels: ibid, 4.
Price-fixing between horizontal competitors in the English Super ... by O'Leary, Leanne / The International Sports Law Journal
 
 
 
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