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Bilateral monopoly
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Wikipedia
In a bilateral monopoly there is both a monopoly (a single seller) and monopsony (a single buyer) in the same market.

A bilateral monopoly model is often used in situations where the switching costs of both sides are prohibitively high.

Bilateral monopoly situations are commonly analyzed using the theory of Nash bargaining games.

See also

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Last updated on Saturday June 14, 2008 at 16:39:55 PDT (GMT -0700)
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