A market with a very small number of buyers.
Oligopsony exists when a few large buyers dominate a market.... more on: Oligopsony
A market condition in which there are a limited number of buyers of a given product.
the situation in a market where there are only a limited number of buyers.
a market characterised by a small number of consumers for a product or a service
a market in which several large entities control so much of the purchasing in a market that they can negotiate significant cost reductions relative to outsiders
a market in which there few buyers and a larger number of sellers
A Market characterized by a small number of large buyers who control all purchases and therefore the market price of a good or service.
market structure in which there are a small number of buyers.
A market structure dominated by a small number of large buyers controlling the buying-side of a market. Oligopsony is the somewhat obscure and seldom discussed buying counterpart to an oligopoly seller that controls the selling side of a market. Whereas oligopoly is most relevant to product markets, oligopsony is most relevant to factor markets.
Similar to an oligopoly, but where a small number of large buyers (not sellers) control a large proportion of the market and drive prices down.
An oligopsony is a market form in which the number of buyers is small while the number of sellers in theory could be large. This typically happens in market for inputs where a small number of firms are competing to obtain factors of production. It resembles an Oligopoly, where there are many buyers but just a few sellers.