Unionists often justify their seemingly monopolistic tactics by claiming that businesses are monopsonists.

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Unionists argue that businesses have a monopsony power in the labor market, meaning they are the only buyers of labor in a particular market or industry, and therefore have the ability to depress wages and drive down working conditions. In response, unions may engage in monopolistic tactics to balance the bargaining power in favor of workers.

Unionists Often Justify Their Seemingly Monopolistic Tactics by Claiming That