The monopsony, which is infrequent in today's markets, is what caused these type... | Hacker News

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		akbar501 on July 28, 2016 \| parent \| context \| favorite \| on: Company town The monopsony, which is infrequent in today's markets, is what caused these types of cities/towns. Specifically, a labor market monopsony.

_nalply on July 28, 2016 [–]

Monopsony is buyer-side monopoly, i. e. there is only one buyer. A labor market monopsony means that there is only one company employing people.

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