What is the meaning of Oligopsony?

Oligopsony is a Market characterized by a small number of large buyers who control all purchases and therefore the market price of a good or service.

Barry Goldsmith
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APABarry Goldsmith. (2010). oligopsony. Retrieved September 30, 2026, from http://smartdefine.org/oligopsony/definitions/1159588
ChicagoBarry Goldsmith. 2010. "oligopsony" http://smartdefine.org/oligopsony/definitions/1159588 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, oligopsony, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/oligopsony/definitions/1159588>.
MLABarry Goldsmith. "oligopsony" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/oligopsony/definitions/1159588>