OLIGOPSONY


Meaning of OLIGOPSONY in English

[ol.i.gop.so.ny] n [olig- + Gk opsonia purchase of victuals, fr. opsonein to purchase victuals, fr. opson food + oneisthai to buy--more at venal] (1942): a market situation in which each of a few buyers exerts a disproportionate influence on the market -- ol.i.gop.so.nis.tic adj

Merriam-Webster English vocab.      Английский словарь Merriam Webster.