Dan Finlay ๐ฆ
@danfinlay
Was trying to look up the opposite of monopoly, and gpt gave me monopsony, which is when there's only one buyer of a good instead of only one supplier, which is indeed an opposite on one dimension, but I meant more like "there's competition". Any better term? "Efficient market"?
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Venkatesh Rao โ๏ธ
@vgr
Iโve heard perfect market
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caspar
@caspar
perfect competition is the economics term
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maurelian
@maurelian.eth
Commoditized?
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แ
@m-j-r
monopsony sounds like a pure buyer's market-making, opposite monopoly's pure seller's market-making. maybe "perfect competition" works where every entity is subject to & incapable of influencing market-taking.
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cqb
@cqb
"competitive market" could also fit, probably
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borodutch
@farcasteradmin.eth
polypoly obviously duh
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Bethany - countessellis.eth๐ฉ
@ellis
Iโd use โdiversity of optionsโ or โdiverse marketโ as opportunity of monopoly.
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