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A monopsony is when an employer has market power in the labor market, sort of the employer equivalent of a monopoly.
Monopsony The inverse of a monopoly, monopsony occurs when a market has a single buyer. Lack of competition from other buyers means the monopsonist can influence prices or other terms of exchange ...
The court recognized that the NCAA holds monopsony power over college athletes, limiting the labor market for players and impacting their eligibility and competition among schools.
Medicare and Monopsony Pricing Treasury Secretary Janet Yellen talked about the Biden administration’s work to lower prescription drug prices.
Both a monopoly and a monopsony refer to situations in which a single entity controls a so-called free market; the difference lies in who is doing the controlling, the seller or the buyer.
Summer 2025 In this issue, we explore how fintech is changing the financial system, whether monopsony is skewing the labor market, and the potential effects of Donald Trump’s economic policies.
We do not find any evidence that private equity-backed firms vary wages and employment based on local labor market power proxies. Wage losses are also very similar for managers and top earners.
According to the Department of Treasury, due to monopsony, workers are making 15% to 20% less than they would in a perfectly competitive labor market.
Minerva S.A. has significant market power, and trades at a low multiple of recurring earnings. Find out if now is a good time to buy MRVSY stock.
A buyer's monopoly, or monopsony, is a market situation where there is only one buyer of a good, service, or factor of production.