Posted by akhilesh [ 129.244.120.207 ] on August 10, 2006 at 13:19:40:

In Reply to: Re: Wal-Mart Abandons Germany posted by manualblock on August 10, 2006 at 10:51:31:

Monopsony:
A market situation in which the product or service of several sellers is sought by only one buyer.

SO on the one hand you say they do "monopolistic practioses" (ie they behave as a monopoly) and on the other hand you say they are also a monopsony.
I don't see any point in continuing this dicussion, one of us lacks a knowledge of basic economic theory & how the free market works.
-akhilesh

Replies:

• Economic Theory - FredT 09:44:52 08/12/06 (7)
  • Re: Economic Theory - Wayne Parham 20:28:39 08/12/06 (5)
    • In A Pickle - FredT 05:49:35 08/13/06 (1)
      • Re: In A Pickle - Wayne Parham 12:22:33 08/13/06 (0)
    • Re: Economic Theory - manualblock 21:23:21 08/12/06 (2)
      • Re: Economic Theory - Wayne Parham 12:36:32 08/13/06 (1)
        • Re: Economic Theory - manualblock 17:41:39 08/13/06 (0)
  • Re: Economic Theory - manualblock 13:10:54 08/12/06 (0)
• Re: Wal-Mart Abandons Germany - manualblock 14:14:07 08/10/06 (0)