oligopsony.

A market in which a small number of major buyers purchase from many sellers.

Use it for

Words that belong together

• agricultural oligopsony
• oligopsony power

On the page

The growers sold into an oligopsony in which three processors controlled most purchases.

Buyer concentration created an oligopsony even though hundreds of farms competed as sellers.

Usage notes

Primary category: economics / business / social science. Forms: Singular oligopsony; plural oligopsonies. Legacy lexical fields mirror sense 1 only. Use numbered sense fields for all meanings. Established modern English lexical item. No separate regional spelling or grammatical inflection entry. Writing functions: financial analysis, risk evaluation, comparison, explanation. Disciplines: economics, finance, business. Commonness: uncommon.