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Definition 2024


monopsonist

monopsonist

English

Noun

monopsonist (plural monopsonists)

  1. A single buyer who dominates a market.
    • 1933, Joan Robinson, The Economics of Imperfect Competition, page 218:
      The case of a monopsonist buying from a monopolist (usually called “bi-lateral monopoly”) is not discussed in this book.

Antonyms