Concept information
Preferred term
monopsony
Definition
- Monopsony is the “flip side” of monopoly. In monopoly, a firm is the sole seller of product to a group of consumers. [Source: Encyclopedia of Business Ethics and Society; Monopsony]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-RJXX6NLF-1
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