monopsony
noun
the market condition that exists when there is one buyer.
monopsonistic
-
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.
Her areas of research include gender, race, and ethnicity in the labor market, care work, and monopsonistic labor markets.
From Slate ● May 30, 2018
Increasingly, following Card and Krueger, economists recognise that monopsonistic conditions, in which there is little competition among purchasers of labour, are more common than once thought.
From The Guardian ● Apr. 13, 2018
