12
December
2023

Oligopsony /

Oligopson

Business Term of the Day

Definition

An oligopsony is a form of market wherein only a few large buyers exist for a product or service.

Example sentence

The association of small farmers has protested against the oligopsony of super- and hypermarkets and the conditions they impose in buying produce.

Comment

An oligopsony constitutes a form of imperfect competition. It contrasts with an oligopoly, in which there are many buyers but just a few sellers. Buyers in an oligopsony have a major advantage in that they can exert considerable control over sellers. Consequently, this market form often is characterized by strong downward pressure on prices. Buyers can also force suppliers to accommodate them in relation to other conditions, such as delivery schedules, quality and types of products or services. In addition, buyers can pass off to the suppliers much of the risks in relation to overproduction, natural losses, and variations in cyclical demand.

Definice

Oligopson je forma trhu, kde je pro výrobek nebo službu jen několik velkých kupujících.

Příklad použití ve větě

Sdružení malých zemědělců protestovalo proti oligopsonu supermarketů a hypermarketů a proti podmínkám, které prosazují pro odkup zemědělských produktů.

Poznámka

Oligopson představuje druh nedokonalé konkurence. Stojí v protikladu k oligopolu, kde je mnoho kupujících, ale jen několik prodejců. Kupující mají v oligopsonu výraznou výhodu v tom, že mohou prodejce do velké míry ovládat. Proto se tato forma trhu často vyznačuje silným tlakem na snižování cen. Kupující také mohou donutit dodavatele k tomu, aby jim vyhověli i v jiných podmínkách, jako v harmonogramu dodávek, kvalitě a typech produktů nebo služeb. Kupující navíc mohou na dodavatele přenést velkou část rizik souvisejících s nadprodukcí, přirozených ztrát a variacemi cyklické poptávky.

Business Term of the Day

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Simply subscribe to receive our Business Term of the Day at no charge to your inbox each business day, with explanation in English and Czech.

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