Definitions for oligopsonyˌɒl ɪˈgɒp sə ni
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Random House Webster's College Dictionary
ol•i•gop•so•nyˌɒl ɪˈgɒp sə ni(n.)(pl.)-nies.
the market condition that exists when there are few buyers, who can thereby greatly influence price and other market factors.
Origin of oligopsony:
1940–45; olig - + Gk opsōnía purchase of provisions, shopping
ol`i•gop`so•nis′tic(adj.)
Wiktionary
oligopsony(Noun)
An economic condition in which a small number of buyers exert control over the market price of a commodity.
Origin: From ὀλίγοι + ὀψωνία, corresponding to .
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