单词 | monopsony |
释义 | monopsony monopsony /; AmE / noun (plural monopsonies)
(Economics )
1 [U] a situation where there is only one buyer in a particular market or where one buyer controls most of a market: Monopsony is the equivalent on the buying side of a monopoly on the selling side.
2 [C] a person or an organization that is the only buyer or the main buyer in a particular market: The large wine makers were accused of being a monopsony, exercising huge buying power over grape growers.
monopsonist noun [C]: a monopsonist who is the sole buyer of labour in a local geographical market |
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