Buyer's monopoly

Japanese: 買手独占 - かいてどくせん
Buyer's monopoly

The term monopoly is often used to refer to a departure from a competitive market consisting of many companies, i.e., to include oligopoly. Also, since monopolies often occur on the seller's side of the market, economics has often analyzed seller's monopoly, but recently there has also been interest in buyer's monopoly.
[Monopoly power and forms of monopoly]
The basic concept of monopoly power is monopoly power in a geographically limited market for a certain product, and monopolies in the form of cartels and trusts are formed for the purpose of exerting this monopoly power.

*Some of the terminology that refers to "monopoly" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…多数の企業からなる競争的市場からの乖離(かいり)を指して,すなわち寡占も含め独占という語句が用いられることも多い。また,市場の売手側に独占が生じることが多いので,経済学は売手独占を分析することが多かったが,最近では買手独占にも関心がもたれている。
[独占力と独占の形態]
 一定の商品の地理的に限定された市場における独占力が独占力の基礎的概念であり,この独占力を発揮する目的でカルテルやトラストという形態の独占が形成される。…

※「買手独占」について言及している用語解説の一部を掲載しています。

出典|株式会社平凡社世界大百科事典 第2版について | 情報

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