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ol·i·gop·son·y
 oligopsony
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- 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.)
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| derivation: |
oligopsonistic (adj.) |
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