oligopsony

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Related to oligopsonistic: oligopsonies

ol·i·gop·so·ny

 (ŏl′ĭ-gŏp′sə-nē, ō′lĭ-)
n. pl. ol·i·gop·so·nies
A market condition in which purchasers are so few that the actions of any one of them can materially affect price and the costs that competitors must pay.


ol′i·gop′so·nis′tic (-nĭs′tĭk) adj.

oligopsony

(ˌɒlɪˈɡɒpsənɪ)
n, pl -nies
(Economics) a market situation in which the demand for a commodity is represented by a small number of purchasers
[C20: from oligo- + -opsony, from Greek opsōnia purchase of food]
ˌoliˌgopsoˈnistic adj

ol•i•gop•so•ny

(ˌɒl ɪˈgɒp sə ni)

n., pl. -nies.
the market condition that exists when there are few buyers, who can thereby greatly influence price and other market factors.
[1940–45; olig- + Greek opsōnía purchase of provisions, shopping]
ol`i•gop`so•nis′tic, adj.

oligopsony

a market condition in which there are few buyers. — oligopsonist, n.oligopsonistic, adj.
See also: Trade
Translations

oligopsony

[ˌɒlɪˈgɒpsənɪ] Noligopsonio m
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References in periodicals archive ?
What mitigates this suboptimal outcome--for the most part--is that the oligopsonistic distributors have to negotiate with a small group of multimedia companies that own most of the networks and function much like an oligopoly.
The result has been that oligopsonistic regional wheat export markets are not contestable.
Gregory Sidak, Patent Holdup and Oligopsonistic Collusion in Standard-Setting Organizations, 5 J.
This is the first attempt in the literature to measure empirically oligopsonistic behavior in a electricity market, using individual consumer bid data.
The data confirm already noted tendencies for contracts to become semi-permanent arrangements but also reveal a pattern of oligopsonistic demand in the policy and management consulting areas concentrated mostly in a handful of very heavy user departments and also an increasingly oligopolistic supply pattern where less than 5% of companies accounted for 80% of total contract values and where repeat contracts are the norm.
This case is often seen in monopolistic or oligopolistic markets with a limited number of sellers or in monopsonistic and oligopsonistic markets with a limited number of buyers (Samuelson 81 Marks, 2009).
n = 5: INTENSITIES n = 7: CONTORTIONISTIC EXCRESCENCIES EPISCOPACIES REPOSITORIES n = 8: OVERINTENSITIES ANIMALIZATION INTERDISTRICT SAPONACEOUSNESS n = 9: ANIMALIZATIONS CANNIBALIZATION OLIGOPSONISTIC SIGMOIDOSCOPIES n = 10: ANTI RADICALISM(S) MARGINALIZATION n = 11: RADICALIZATIONS n = 5: n = 7: OMNISCIENCES ENREGISTERING SUPERSATURATES n = 8: ANTICAPITALIST ANTIRATIONALIST SILVICULTURIST(S) TACHYARRHYTHMIA n = 9: CHORDAMESODERMS ETHNOHISTORIANS SIGNALIZATIONS n = 10: RADICALIZATION n = 11:
46) On the other hand, Sidak argues that we have little theory or empirical evidence on the relative social costs of hold-up and oligopsonistic collusion.
This essay has shown that his agents also learned to master the intricacies of the barter system, which treated them and their oligopsonistic suppliers well.
Qualcomm raises the specter of oligopsonistic exploitation of patent holders, thereby creating disincentives to their participation in and full disclosure in connection with standard-setting activities.
Market power may be either oligopolistic power of a few dominant sellers in the output market or oligopsonistic power of a few dominant buyers in the input market, reflecting significant influence on the market by a few firms.
Nevertheless, the overall retail buying behaviour versus upstream meat processors in the state of Hessen clearly has to be classified oligopsonistic.