Weyerhaeuser Co. v. Ross-Simmons Hardwood Lumber Co.: The U.S. Supreme Court Recognizes a Limited Claim for Predatory Bidding* Monopsony is the negative image of monopoly. Narrowly defined, it is the structural condition in which a well-specified good or service has only one buyer.  But just as a dominant seller is often treated in antitrust law as a monopolist despite the presence of a competitive fringe, a dominant buyer facing some competition is treated as a monopsonist. In most situations, monopoly power is the ability to charge more for a good or service by reducing the quantity sold, and monopsony power is the ability to pay less by reducing the quantity purchased.  Although monopoly and monopsony are economically symmetrical, the number of antitrust cases addressing
The US Supreme Court recognizes a limited claim for predatory bidding (Weyerhaeuser / Ross-Simmons)
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