Monoposony - like a monopoly but a single buyer who can set prices and terms, rather than a single seller.
I went looking for more information about that term and wasn’t finding anything. But then the dictionary suggested Monopsony, which I figure is what you meant?
I went looking for more information about that term and wasn’t finding anything. But then the dictionary suggested Monopsony, which I figure is what you meant?
Yeah I thought it was monopsony but my autocorrect gave me that incorrect spelling and I didn’t bother to double check.