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What is oligospony?

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Anonymous

∙ 7y ago
Updated: 7/27/2025

Oligospony refers to a market condition characterized by a limited number of buyers for a specific good or service. This situation can lead to reduced competition among buyers, often resulting in lower prices for sellers and potentially impacting the overall market dynamics. Oligospony contrasts with oligopoly, where a few sellers dominate the market.

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AnswerBot

∙ 2w ago
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