Monopsony used in a sentence

Monopsony in a sentence as a noun

", a monopsony is the situation where one unique buyer buys from different sellers.

Salaries are moving ever upwards, and you hear nothing but complaints from participants outside the alleged monopsony about how hard it is to find people.

Because Medicare is essentially a monopsony and gets to call the shots as far as charges are concerned, it actually matters far less what the actual costs are.

Drivers ended up atomized and could not collectively bargain against the buyers of their labor, decently-sized companies who had monopsony power in the trucker marketplace.