Westburn Publishing

oligopsony

Definition:
A market in which there is more than two (duopsony) but only a small number of buyers or oligopsonists.

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© Westburn Publishers Ltd 2002, The Westburn Dictionary of Marketing edited by Michael J Baker, ISBN 978-0-946433-01-8. www.themarketingdictionary.com. Entry: [Michael J. Baker], [1998].