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Monopsony vs Monopolistic - What's the difference?

monopsony | monopolistic |

As a noun monopsony

is a market situation in which there is only one buyer for a product; such a buyer.

As an adjective monopolistic is

acting in the manner of a monopoly.

monopsony

English

Noun

(wikipedia monopsony) (monopsonies)
  • A market situation in which there is only one buyer for a product; such a buyer.
  • *
  • A buyer with disproportionate power.
  • * {{quote-magazine, date=2014-03-15, volume=410, issue=8878, magazine=(The Economist)
    • , title= Turn it off , passage=If the takeover is approved, Comcast would control 20 of the top 25 cable markets, […]. Antitrust officials will need to consider Comcast’s status as a monopsony (a buyer with disproportionate power), when it comes to negotiations with programmers, whose channels it pays to carry.}}

    Antonyms

    * monopoly

    See also

    * monopsonist, monopsonistic, monopsonistically

    monopolistic

    English

    Adjective

    (en adjective)
  • Acting in the manner of a monopoly.
    • The antitrust laws try to prevent monopolistic behavior.
  • *{{quote-book, year=2006, author=
    • , title=Internal Combustion , chapter=1 citation , passage=But electric vehicles and the batteries that made them run became ensnared in corporate scandals, fraud, and monopolistic corruption that shook the confidence of the nation and inspired automotive upstarts.}}

    Related terms

    *oligopolistic