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
- ^ American Marketing Association, AMA Dictionary.