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oligopsony
(redirected from oligopsonistic)

    Also found in: Financial, Wikipedia 0.01 sec.
ol·i·gop·so·ny  (l-gps-n, l-)
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.
[olig(o)- + (mon)opsony.]
oli·gopso·nistic (-nstk) adj.
oligopsony [ˌɒlɪˈgɒpsənɪ]
n pl -nies
(Economics) a market situation in which the demand for a commodity is represented by a small number of purchasers
[from oligo- + -opsony, from Greek opsōnia purchase of food]
oligopsonistic  adj
oligopsony
a market condition in which there are few buyers. — oligopsonist, n. — oligopsonistic, adj.
See also: Trade
Translations
oligopsony [ˌɒlɪˈgɒpsənɪ] N → oligopsonio m
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Further, the market is dominated by a handful of large multinational corporations, which have created a market that is oligopolistic--that is, it has only a few suppliers--while their retail sectors are oligopsonistic with only a few buyers.
The limits of international human rights law and the role of food ... by Hauter, Wenonah / Vanderbilt Journal of Transnational Law
In Njoroge's study, collusion arises because risk-neutral oligopsonistic packers, who have divergent priors about the distribution of livestock and meat prices before the Act, have convergent posteriors after updating their priors with the Reports.
Market and welfare effects of the U.S. Livestock Mandatory Reporting ... by Njoroge, Kenneth; Yiannaka, Amalia; Giannakas, Konstantinos; Azzam, Azzeddine M. / Southern Economic Journal
79) In other words, revenues that once flowed to sellers "now flow into the coffers of the oligopsonistic [buyers] in the form of reduced costs.
B2Bs, e-commerce & the all-or-nothing deal by Levine, Gail F. / Rutgers Computer & Technology Law Journal
 
 
 
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