oligopsony

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English[edit]

Etymology[edit]

From Ancient Greek ὀλίγοι (olígoi, few) + ὀψωνία (opsōnía, purchase), corresponding to oligo- +‎ -opsony.

Noun[edit]

oligopsony (plural oligopsonies)

  1. An economic condition in which a small number of buyers exert control over the market price of a commodity.

Related terms[edit]

See also[edit]