How to Use monopsony in a Sentence
monopsony
noun-
In a monopsony market, there is only one buyer, and so there is no upward pressure on wages.
— Nick Romeo, The New Yorker, 23 Mar. 2021 -
Because not all workers are willing to work at these depressed wages, monopsony leads some workers to quit.
— Suresh Naidu, Eric Posner, Vox, 6 Apr. 2018 -
This school of thought argues that some labour markets are characterised by a market structure known as monopsony.
— The Economist, 15 Aug. 2020 -
The defendant publishers take issue with the rarefied nature of the government bringing a monopsony case.
— Winston Cho, The Hollywood Reporter, 28 July 2022 -
Among economists, there’s a debate about whether the company is creating a kind of monopsony, where there’s only one buyer—or in this case one employer.
— al, 18 Dec. 2020 -
There is only one military customer that matters, the government, and thus the defense market has the characteristics of a monopsony.
— Loren Thompson, Forbes, 7 Sep. 2021 -
If a monopoly is a market with one dominant seller, a monopsony is its inverse, a market where one buyer is pre-eminent.
— Christopher Mims, WSJ, 29 Jan. 2022 -
First, antitrust worries, which take in big tech firms’ high market shares, buying-up of promising competitors, and potential monopsony power over suppliers and vendors.
— The Economist, 26 Apr. 2018 -
Just as a monopoly is the only company selling a particular good or service in a given market, a monopsony is the only company buying one.
— Matt Darling, Quartz at Work, 28 Aug. 2019 -
That suit was filed before Kanter was confirmed, though the attorney did raise monopsony concerns in his confirmation testimony.
— Alex Weprin, The Hollywood Reporter, 13 Jan. 2022 -
One such factor might be what economists call monopsony, or concentrated market power.
— Noah Smith, chicagotribune.com, 11 June 2018 -
An enterprise with a single buyer, called a monopsony, typically means lower prices for producers.
— Dan Kaufman, The New Yorker, 17 Aug. 2021 -
Finally, good antitrust enforcement can help fight monopsony.
— Dylan Matthews, Vox, 27 Apr. 2018 -
Liberal economists and Democrats say that raising the minimum wage is unlikely to have a significant negative effect on jobs because of the monopsony power that employers have.
— Nihal Krishan, Washington Examiner, 4 Dec. 2020 -
Back then, his work centered mainly on the monopsony power Wal-Mart exerted over its suppliers, and the broader problem of corporate behemoths creating single points of failure in global supply chains.
— Brian Beutler, New Republic, 16 Sep. 2017 -
Newsletter Sign-up Long-stagnant wages have focused academic attention on monopsony power.
— Paul J. Davies, WSJ, 28 Dec. 2018 -
Besides the monopsony research, the Obama White House has focused on evidence that inequality is fueled by a shift away from labor unions and by corporate consolidation within industries.
— Neil Irwin, New York Times, 4 Nov. 2016 -
Taking into account market share and monopsony concerns, studios and distributors outside of the five majors make attractive acquisition targets.
— Winston Cho, The Hollywood Reporter, 19 Nov. 2022 -
The publishing industry is both hyper-consolidated and hyper-dominated by Amazon, a clear monopsony power.
— Alex Shephard, The New Republic, 3 Nov. 2022 -
Pooh-poohs increasingly popular explanations like monopsony and worker leverage.
— Matthew Yglesias, Vox, 6 Sep. 2018 -
Recent economic studies show that many local labor markets are surprisingly concentrated, giving employers some monopsony power.
— Alan S. Blinder, WSJ, 11 June 2018
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'monopsony.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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