minus-squarecyberwolfie@lemmy.mltopolitics @lemmy.world•Beef prices are the new egg prices. They’re soaring | CNN Businesslinkfedilinkarrow-up1·9 days ago The market for local beef is an oligopoly with only a few buyers, so it’s easy for them to manipulate the price That’s an oligopsony, not an oligopoly which would have only a few sellers. linkfedilink
That’s an oligopsony, not an oligopoly which would have only a few sellers.