BusinessJuly 31, 2026

monopsonization

muh-NOP-suh-nuh-ZAY-shun

Definition

The process by which a market becomes controlled by a single buyer or a very small group of buyers, giving them immense power to dictate terms and prices to sellers.

Etymology

The word is derived from the Greek 'monos' (single) and 'opsonia' (buying/purchasing), with the suffix '-ization' added to denote the process of moving toward that state.

In the news

In the article, the COMPETE Act is discussed as a potential legal instrument to combat both monopolization and monopsonization, highlighting the power these forces have to stifle competition within the industry.

The WarnerMount Case Is Just the Beginning…

Read the full article ↗

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