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It’s full of what are (technically) called monopsonists. A monopsony is a market dominated by one buyer and many sellers; it’s the inverse of a monopoly, and requires entirely different ...
But less attention is paid to the polar opposite: the monopsony. A monopsony refers to being captive to a single buyer – and it is what Canada faces when it comes to most of our energy exports.
Herkenhoff, Kyle, Josh Lerner, Gordon M. Phillips, Francisca Rebelo, and Benjamin Sampson. "Private Equity and Workers: Modeling and Measuring Monopsony, Reallocation ...
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