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Are there anti-monopsony laws like there are anti-monopoly laws?
by imh 8y ago
Are there anti-monopsony laws like there are anti-monopoly laws?
- crowdpleaser 8y agoHistorically the anti-monopoly laws in America could be deployed to against monopsony or the accumulation of power to act as a monopsony. However, American Businesses successfully lobbied to change the ways the anti-monopoly laws are used - now the anti-monopoly laws are focused primarily on avoiding consumer price increases and are blind to things like accumulating power to be an abusive monopoly (a la Amazon) or monopsony.