You searched for: “oligopsonies
oligopsony (s), oligopsonies (pl) (noun forms)
1. A market condition in which purchases are so few that the actions of any one of them can materially affect prices and the costs that competitors must pay.
2. Markets with a very limited number of buyers.
3. An economic condition in which there are so few suppliers of a particular product that one supplier's actions can have a significant impact on prices and on its competitors.
This entry is located in the following units: olig-, oligo- (page 7) opsono-, opson-, opso-; opsino-; opsoni; -opsony + (page 1)