Definition of bargaining power
: the relative capacity of each of the parties to a negotiation or dispute to compel or secure agreement on its own terms
widespread unemployment is adding to employers' bargaining power in their talks with the unions
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“Bargaining power.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bargaining%20power. Accessed 10 Aug. 2022.
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