Meaning of monopsonist | Babel Free

Definitions

A single buyer who dominates a market.

Equivalents

Examples

“The case of a monopsonist buying from a monopolist (usually called “bi-lateral monopoly”) is not discussed in this book.”

“Amazon isn't the only monopsonist to take advantage of anticircumvention law to cement its dominance; Google and Facebook and Apple do the same thing.”

CEFR level