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

Last Updated: 30 Sep 2024