Definition of oligopsonistic in English:

oligopsonistic

adjective

  • See oligopsony

    • ‘The farm sector is not receiving that money because of the oligopsonistic [buyer shared monopoly] meat packers, and the oligopsonistic retailers have positioned themselves to capture the bulk of that profit.’
    • ‘Three market observations indicate the possible existence of oligopsonistic elements in the ONP market: the existence of barriers to entry; relatively few buyers and many sellers; and historically large price variations.’
    • ‘The oligopsonistic behavior of ONP buyers led to greater price distortions in all four regions.’