Oligopsony

Definition

An oligopsony is a market situation in which there are few buyers but potentially a large number of sellers.[1]

See also

• Duopoly
• Imperfect competition
• Monopolistic competition
• Monopoly
• Monopsony
• Oligopolistic competition
• Oligopoly
• Perfect competition
• Pure competition
• Workable competition

 

References

1. ^ American Marketing Association, AMA Dictionary.