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monopsonist

noun
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mo·​nop·​so·​nist | \ məˈnäpsənə̇st \
plural -s

Definition of monopsonist

: one who is a single buyer for a product or service of many sellers

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History and Etymology for monopsonist

monopsony + -ist

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“Monopsonist.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/monopsonist. Accessed 17 Feb. 2020.

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