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oligopsony

ol·i·gop·son·y

oligopsony

 
pronunciation:
a l gap s ni
features:
Word Parts
part of speech: noun
inflections: oligopsonies
definition: the market condition that exists when the number of buyers is so small that the actions of just one of them can affect price. (Cf. duopsony, monopsony.)
derivation: oligopsonistic (adj.)
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