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oleo-
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oligopsony
ol·i·gop·so·ny
[
òlli gópsənee
]
(
plural
ol·i·gop·so·nies
)
noun
Definition:
small number of buyers:
an economic condition in which there are so few buyers for a product that one buyer's actions can have a significant impact on prices and the market in general
[
Mid-20th century. <oligo- + monopsony
]
ol·i·gop·so·nis·tic
[
òlli gopsə nístik
]
adjective
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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