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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Oligopsony  

Definition 1.

Similar to an oligopoly, but where a small number of large buyers (not sellers) control a large proportion of the market and drive prices down.
 

Definition 2.

A Market characterized by a small number of large buyers who control all purchases and therefore the market price of a good or service.
 

Definition 3.

A market with a very small number of buyers.
 
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