alt Hacker News> monopsony
I had to look it up as well. I assumed it was a play on words about Microsoft, Nintendo, and Sony (the three big video game console players).
> monopsony
I had to look it up as well. I assumed it was a play on words about Microsoft, Nintendo, and Sony (the three big video game console players).
For future people to look it up.
Monopoly is a single seller.
Monopsony is a single buyer.