Monopsony within the context of antitrust refers to a situation in which there is only one buyer of a product or service. This position as the sole buyer allows that buyer to dominate the market. Unlike a monopoly, which involves sellers, a buyer with monopsony power can influence the price and terms of purchases to its advantage, often at the expense of suppliers. Monopsony power can result in anticompetitive effects, including driving down prices paid to suppliers below competitive levels and/or reducing the quantity of goods or services purchased. In both cases, the result could be harm to the market.

Monopsony power is often present in labor markets where employers have substantial ability to set wages. To assess the impact of monopsony power, clients turn to Econ One’s antitrust experts, who deliver comprehensive expert reports and expert testimony before courts and regulatory agencies.

Econ One’s economic experts and consultants have extensive experience working on monopsony-related cases across a wide array of industries. Our experts have a deep understanding of economic theory and utilize cutting-edge econometric models to assess the alleged impact of a monopsony. We utilize data and examine market power, pricing power, and other related metrics to assess the impact of monopsony power. All of this empowers us to produce clear, convincing expert reports and testimony, making Econ One a trusted partner in navigating the complexities of antitrust litigation.