The dangers of monopolies and trusts have long been clear. A company or an allied group that controls most sales of a good or service can use that power to set prices at an arbitrarily high level.

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

What do self-proclaimed freelance writer Stephen King and UPMC registered nurse Jodi Faltin have in common? They’re both fighting back against corporate monopsony power that eliminates competition in ...

Over the past several years, policy makers and economists have increasingly voiced concerns about apparent labor-market monopsonies—markets in which employers have the power to set wages—in certain ...

An emerging labor economics literature examines the consequences of firms exercising market power in local labor markets. The extent of this market power is likely to vary across local labor markets.

Herkenhoff, Kyle, Josh Lerner, Gordon M. Phillips, Francisca Rebelo, and Benjamin Sampson. "Private Equity and Workers: Modeling and Measuring Monopsony, Implicit Contracts, and Efficient Reallocation ...