this post was submitted on 24 May 2024
24 points (81.6% liked)

Economics

2062 readers
20 users here now

founded 5 years ago
MODERATORS
[email protected]
24
Pluralistic: Red Lobster was killed by private equity, not Endless Shrimp (pluralistic.net)
submitted 1 year ago by [email protected] to c/[email protected]
6 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago

TIL: monopsony (a market with a powerful buyer, akin to a monopoly, which is a market with a powerful seller)