noun, plural monopsonies.
the market condition that exists when there is one buyer.
Compare duopsony, oligopsony.

1930–35; mon- + Greek opsōnía shopping, purchase of provisions

monopsonist, noun
monopsonistic, adjective Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
monopsony (məˈnɒpsənɪ)
n , pl -nies
a situation in which the entire market demand for a product or service consists of only one buyer
[C20: mono- + Greek opsōnia purchase, from opsōnein to buy]

Collins English Dictionary - Complete & Unabridged 10th Edition
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