: a market situation in which each of a few buyers exerts a disproportionate influence on the market- oligopsonistic · -"gôp-s&-'nis-tik · adjective
Etymology: olig- + Greek opsOnia purchase of victuals, from opsOnein to purchase victuals, from opson food + Oneisthai to buy; see venal
Compare:
monopsony · m&-'näp-s&-nE · noun [plural –nies]
: an oligopsony limited to one buyer
- monopsonistic · -"näp-s&-'nis-tik · adjective
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