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's Vaults Aka. The Firkin

1. A craphole pub in Cardiff city centre that caters for under 18 goth children who cannot get served for alcohol anywhere else. Is close..

Name-killer

1. A name-killer is a very strong association of a name with an unfortunate or disreputable person or character, with the consequence of th..

National Security

1. An excuse for the government to ignore the constitution. (We all want to be ‘safe’ don’t we?) Despite the 5th amendment, the Iraqi and ..

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Monopsony Edit Meaning