The dangers of monopolies and trusts have long been clear. A company or an allied group that controls most sales of a good or service can use that power to set prices at an arbitrarily high level.

Ezra Klein thinks so, here is his argument: Over the past couple of weeks, I’ve talked about Wal-Mart’s near-monopsony powers, and why the perfectly rational and understandable decisions of the ...

An emerging labor economics literature examines the consequences of firms exercising market power in local labor markets. The extent of this market power is likely to vary across local labor markets.

Over the past several years, policy makers and economists have increasingly voiced concerns about apparent labor-market monopsonies—markets in which employers have the power to set wages—in certain ...

This article first appeared in the Planet Money newsletter. You can sign up here. This is Part 2 of the Planet Money newsletter's series on "monopsony power." The first story centered on the labor ...

Herkenhoff, Kyle, Josh Lerner, Gordon M. Phillips, Francisca Rebelo, and Benjamin Sampson. "Private Equity and Workers: Modeling and Measuring Monopsony, Implicit Contracts, and Efficient Reallocation ...

Rabobank’s Senior Market Strategist Benjamin Picton highlights moves by Australia’s iron ore majors to counter China’s growing monopsony power in the iron ore trade. With China’s new state-owned ...