Some economists argue this makes no sense, despite the fear of a loss of pricing power to a Chinese monopsony.

一些经济学家认为，尽管担心在中国买家垄断下丧失定价权，这么做也毫无意义。

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These laws are justified as necessary to prevent districts from using their monopsony power to push wages inefficiently low.

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In addition, in areas where temporary monopsony power arose and generated rents for employers it would provide firms with the incentive to locate there and bid up the below market wages until they reached the competitive level.

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Some economists argue this makes no sense, despite the fear of a loss of pricing power to a Chinese monopsony.

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