Oligopsony: related pages
Monopsony
A market in which there are multiple suppliers but only one buyer.
Natural monopoly
A monopoly that arises from the nature of the industry, rather than being imposed by law or resulting from anti-competitive practices.
Barriers to entry
Anything that makes it difficult for a new entrant to break into a market.
Network effects
Effects which cause the value of a product to its consumers to increase if it is more widely used.
Bundling
The practice of supplying two separate products together, so buyer who only want one, must buy both.
Cartel
A group of firms acting together to restrict prices. Most commonly, a group of producers agree not to sell below a given price to give themselves monopoly pricing power.
Regulatory capture
The dominance of regulators by those they regulate rather than the public good they ostensibly serve.
Copyright Graeme Pietersz © 2005-2019