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Ed Huntress Ed Huntress is offline
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Default Pet Food, Toothpaste, Lead Paint, and now....


"Kurt Ullman" wrote in message
...
In article .com,
Too_Many_Tools wrote:


Not knowing when to say "No" to a retailer demanding cost reductions
is called "corporate greed".

Actually it is called staying in business. Interesting that every body
gets all bent about monopolistic practices, but nothing is said about
monopsonist, where the BUYER has the power. WalMart is the poster child
for this kind.


Uh, monopsony is a circumstance where there is only one buyer. If Bill Gates
decided to buy Cleveland and Warren Buffet decided he wasn't interested,
Gates would be a monopsonist. d8-)

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Ed Huntress