An oligopsony, according to Wikipedia, is a market form in which the number of buyers is small while may be sellers could be good sized coventry health care of georgia. It’s a mirror opposite to an oligopoly, where there are many buyers but just a few sellers coventry health care of georgia:

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World overall economy: Three firms (Cargill, Archer Daniels Midland, and Callebaut) buy the vast majority of world cocoa bean manufacturing, mostly from small farmers in Under-developed countries coventry health care of georgia.

American economy: tobacco growers face an oligopsony of cigarette creators, where three companies (Altria, Dark & Williamson, and Lorillard Tobacco Company) buy almost 90% off tobacco grown the united states for coventry health care of georgia.

American healthcare insurance: a single insurance company commanded at the least 30% of the market in 299 of 313 metropolitan statistical areas. One insurer had 70% or higher of the market within 74 areas, while in 15 spots one company had at least 90% (AMA’s 2007 update to “Competition in Insurance coverage: A Comprehensive Study of U. S. Markets”).