Cory Doctorow
boosted
I just learned an important new word from Doctorow's talk, related to stage three of #Enshittification:#monopsony(American Heritage Dictionary)
mo·nop·so·ny (mə-nŏpsə-nē)
n. pl. mo·nop·so·nies
A market situation in which the product or service of several sellers is sought by only one buyer.
[mon(o)- + Greek opsōniā, purchase of food; see duopsony.]
mo·nop·so·nist n.
mo·nop·so·nis·tic adj.
🇧🇷🇵🇹 Babylon English-Portuguese:
monopsonyCC: @internetarchive@mastodon.archive.org @pluralistic@mamot.fr
n. monopsonia (em economia — condição na qual um único comprador possui monopólio que o permite estabelecer preços e salários)
