On the origin and the literal meaning of monopsony: A note

An examination of the history and etymology of monopsony as a market structure reveals that in the original sense monopsony means a single buyer of food supplies in general, rather than a single buyer of fish as it has been previously asserted. Thus, the proposed interpretation of monopsony deprives it from any derogatory implications, restoring the term to its original meaning. © 2009 Springer-Verlag.