is amazon a monopsony 
some experts do consider amazon to be a monopsony as it has become the largest and sometimes only buyer in its market of specific goods and services that it then sells on its platform because it is the only buyer primarily because it controls the largest platform to sell certain goods it can dictate the prices in which it pays for those goods and services it then sells the bottom linea monopsony is a market condition in which there is only one buyer because there is only one buyer for a good or service the buyer sets the demand and therefore controls the price monopsonies like monopolies are inefficient to a free market where supply and demand regulate prices to be fair for consumers 