oligopsonio

Noun masculine C1 #80554 most common

Translations

A market situation where a small number of buyers exert control over the market.

In an oligopsony, few companies dominate the purchase of a specific product.

En un oligopsonio, pocas empresas controlan la compra de un bien, lo que afecta a los precios del mercado.

In an oligopsony, few companies control the purchase of a good, which affects market prices.