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{%type%} Definitions

WordNet 3.0Copyright Princeton University


Short "hint"

n.- A market situation in which each of a limited number of buyers is strong enough to influence the market but not strong enough to ignore the reaction to such influence by his competitors.

Usage examples (3)
  • To clarify, the oligopsony, as referenced here, is not about the retail sale of gasoline.
  • Olson never mentions oligopsony (many sellers to a very small number of buyers) even once in his book.
  • As if the preceding were not enough, I also noticed, assuming that the program did not stop and offer choices if the word was in its memory, that oligopsony is in, but... for more
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