| Using modern terms, in labor markets oligopsony or monopsony emerges, and market imperfections and a zero reservation price for labor exist. |
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| There may have been instances of monopsony or oligopsony in the 19th century, but they were short-lived. |
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| They concluded that increased beef packer margins in the last few years had stemmed from oligopsony power among packers. |
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| Competition among hiring firms had given way to what would today be called oligopsony or monopsony. |
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| The objectives of this study were to investigate the possible existence of oligopsony elements in the ONP input market among recycled newsprint producers in the United States. |
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| This heterogeneity leads to market power in the firms' favor, which latter can set wages and enjoy an oligopsony position in the labor market. |
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| The groundnut sector is also an oligopsony, with a few buyers on the market purchasing from a large number of sellers. |
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| An oligopsony is a market in which there are many sellers, but few buyers. |
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| This model of oligopsony with heterogeneous worker preferences is based on a combination of both concepts. |
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| High oligopsony power in the primary goods sector — resulting from strong concentration of resource ownership — is a hurdle to entrepreneurial investments in manufacturing. |
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