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.

Tuna Skeet

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Nice Work If You Can Get It

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25 Cent Viewing Booth

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Monopsony Edit Meaning