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Monopsony - in economics, is a market structure in which a single buyer substantially controls the market as the major purchaser of goods and services offered by many would-be sellers. (Like a monopoly of selling, a monopsony of buying. (ie. Walmart buying from Chinese manufacturers.))
by JasonCarswell to /s/economics from en.wikipedia.org
Monopsony - an economics market structure where a single buyer substantially controls the market as the major purchaser of goods and services offered by many would-be sellers - an inverse of a monopoly with buyers. Examples: Few mega-corporations dominate all food processing and delivery networks.
by JasonCarswell to /s/Terminology from en.wikipedia.org
Monopsony - an economics market structure where a single buyer substantially controls the market as the major purchaser of goods and services offered by many would-be sellers - an inverse of a monopoly with buyers. Examples: Few mega-corporations dominate all food processing and delivery networks.
by JasonCarswell to /s/FoodCrises from en.wikipedia.org