OLIGOPSONIES
(noun)Definitions
There is 1 meaning of the word
Oligopsonies.
Oligopsonies - as a noun
An economic condition in which a small number of buyers exert control over the market price of a commodity.
Example Sentences
"The agricultural industry is often characterized by oligopsonies."
"In oligopsonies, suppliers may have less bargaining power."
"The existence of oligopsonies can hinder market competition."
"The government has implemented regulations to prevent oligopsonies."
"The presence of oligopsonies can discourage innovation."
Word Game Points
Is OLIGOPSONIES a valid Scrabble word?
Yes, oligopsonies is valid for both Scrabble US and EU
OLIGOPSONIES has a SCRABBLE points total of 15.
Is OLIGOPSONIES a valid Words With Friends word?
Yes, oligopsonies is valid for Words With Friends
Valid WordOLIGOPSONIES has a WORDS WITH FRIENDS points total of 19.
Is OLIGOPSONIES a valid WordFeud word?
Yes, oligopsonies is valid for WordFeud
Valid WordOLIGOPSONIES has a WORDFEUD points total of 17.
