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.

Amazon is raising the minimum wage for all its U.S. workers to $15 per hour, a decision that follows backlash from labor rights groups over the company’s pay and working conditions. As giant firms ...

You hear it claimed relatively often today that low wage employers have monopsony power. For example, this is a sometimes cited explanation for the claim that there is no disemployment effect of the ...

Talk to almost anyone about the forces at work behind Western politics’ contemporary upheaval, and it will not take long for your conversation to reach the discontents of the working class. In the ...

Public Service Company of Colorado’s (PSCo) recently approved “Clean Energy Plan” will retire two coal plants and replace them with “shockingly” cheap new wind and solar projects after receiving 430 ...

This article first appeared in the Planet Money newsletter. You can sign up here. This is Part 2 of the Planet Money newsletter's series on "monopsony power." The first story centered on the labor ...

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. Who Wants To Play Monopsony? This week, a US judge blocked a merger between Penguin Random House and Simon & Schuster, two ...