Monopsony

What is Monopsony?

The opposite of a monopoly; whereas an economic monopoly is on the supply side, a monopsony is on the demand side.

A managed health care provider is a monopsony for the doctors working within it. They cannot bill anyone but the provider, not their patients.

Queen Of The Rocks

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Knacks

1. Short/Slang of 'Knackers' / 'Scumbags' used in Ireland to define sketchycharacters, who'll steal you clothes, m..

Yahoo News

1. Code name for porn. Bob: "Why is it taking John so long to get ready?" Bill: "I think he's taking a quick peek at ..

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Monopsony Edit Meaning