Meaning Of The Word Oligopsony

Real Dictionary

What's the definition of Oligopsony? Find Oligopsony meanings, definitions and more at the Real Dictionary online.

Oligopsony Meaning

Oligopsony Definition
Oligopsony Definition

What's The Definition Of Oligopsony?

oligopsony in American English
control of the purchase of a commodity or service in a given market by a small number of buyers
noun: the market condition that exists when there are few buyers, as a result of which they can greatly influence price and other market factors

oligopsony in British English
noun: a market situation in which the demand for a commodity is represented by a small number of purchasers

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