comment: >
  
  Here is Douglas Webber's analysis on monopsony power, and which industries have more or less of it.
context: Without them, competition among employers is not sufficient to raise wages as classical economists assert.
  
  Why? >
  
  It's called monopsony power. When firms hold substantial control over labor markets and when workers have limited choice in where to find job (it can even be for indirect reasons like lacking public transportation), this ensures employers have excess bargaining power. >
  
  Do you have any evidence that it actually exists in major industries?