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ARTICLE · 08 JULY 2024

Monopsony In Labour Markets: A New Enforcement Priority For Competition Authorities

Compass Lexecon
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Competition enforcers are increasingly interested in whether companies have buyer power, particularly in labour markets. In this article, Joe Perkins, Catalina Campillo and Gabriele Corbetta...

United KingdomAntitrust/Competition Law
Catalina Campillo
Catalina Campillo
Gabriele Corbetta
Gabriele Corbetta

Competition enforcers are increasingly interested in whether companies have buyer power, particularly in labour markets. In this article, Joe Perkins, Catalina Campillo and Gabriele Corbetta1review competition authorities' recent interest and consider the tools available to avoid the risks of not acting where action is needed, or of intervening ineffectively or needlessly.

These topics were also discussed by a panel of enforcers, academics and practitioners at Compass Lexecon's 2023 Economics Conference at Wadham College, Oxford on 22 September. This article reflects the views of the authors only.

View the PDF version of this article.

Introduction

Purchasing power has not been front of mind for competition practitioners. 2This is changing, particularly where it affects labour markets.

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