#monopsonist — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #monopsonist, aggregated by home.social.
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CW: Long thread/11
The less you pay to produce a product, the cheaper you can price it.
When a company has a lot of seller power, we call it a monopolist. When it has a lot of buying power, we call it a #monopsonist. No one ever made a bestselling, family-destroying board game called "#Monopsony" so most people haven't heard of the concept.
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