monopsony
noun
the market condition that exists when there is one buyer.
monopsonist
-
a word derived from
monopsony.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
That’s the behavior of a monopsonist, Krugman explains – “a dominant buyer with the power to push prices down.”
From Salon ● Oct. 20, 2014
Instead, it is acting as a monopsonist, a dominant buyer with the power to push prices down.
From Forbes ● Oct. 20, 2014
If a monopsonist government decided to stop purchasing, for whatever reason, demand collapsed.
From Salon ● Jan. 26, 2014
