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Monopsony


ISBN13: 9780691043098
ISBN: 0691043094
New Edition ISBN: 9780521746083
Published: September 1993
Publisher: Princeton University Press
Format: Hardback
Price: Out of print



Drawing upon microeconomic theory and anti-trust law, this study explores the implications of monopsony, or buying power, for antitrust policies. The authors argue that monopsony can cause social welfare losses analogous to those occasioned by monopoly.