in my opinion, the existence of a monopsony market is not good for the economy because a

monopsony market is a form of market in which there is only one buyer, usually in the form of
one business actor, who becomes the sole buyer, so that they dominate the commodity market.
Because a monopsony market has only one buyer and several sellers, traders in that market can
only depend on that one buyer. This is due to several reasons, such as inadequate market
conditions, hard-to-reach locations, high operational costs, etc. One example of the existence of
this monopsony market is the market for vegetables and also for dairy cattle in a remote area, and
it is also difficult to distribute these products to other places to sell these products to consumers.
Thus making farmers and breeders sell their products to one buyer in bulk or at a low price. A
monopsony market can also kill the seller because the selling price is determined by the buyer so
that the loser here is the seller because the buyer can buy goods/commodities at a low price.
Sumber : https://accurate.id/ekonomi-keuangan/pasar-monopsoni/