2 ms·
I believe it then becomes a matter of perspective. A single middle man will be a monopoly to one party and a monopsony to the other. So for consumers (and regul
by giaour 11y ago
I believe it then becomes a matter of perspective. A single middle man will be a monopoly to one party and a monopsony to the other. So for consumers (and regulators), this state of affairs would be indistinguishable from a traditional monopoly.