bilateral monopoly

noun

: a market condition in which only one buyer or one group of associated buyers confronts only one seller or one group of associated sellers

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Dictionary Entries Near bilateral monopoly

Cite this Entry

“Bilateral monopoly.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bilateral%20monopoly. Accessed 22 Dec. 2024.

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