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"information asymmetry" is correct and usable in written English.
It is a situation where one party in a transaction has access to more or better information than the other. For example: "The information asymmetry between the buyer and the seller meant that the buyer was likely to be at a disadvantage during the negotiation process."
Exact(60)
Many past strategies leveraged information asymmetry.
Just take, for instance, the issue of "information asymmetry".
One major problem is what economists call information asymmetry.
However, information asymmetry always harms the manufacturer.
Buyers face the challenge of overcoming this information asymmetry.
"Our three unions denounce this information asymmetry," they said in a joint statement.
It has its roots in the economic theory of information asymmetry.
Information asymmetry is a reason we have the principle of buyer beware.
When you are trying to decide what book to read, you're in a state of "information asymmetry".
When Gong, who is thirty-six, taboutabouthehappinessess business, she tends to emphasize "price/performance ratios" and "information asymmetry".
"Third risk – information asymmetry: information is power, and power is unaccountable when it's faceless where there's no individual you can talk to.
Related(20)
information divergence
information discrepancy
information disparity
information inequality
knowledge asymmetry
analysis asymmetry
information mismatch
information variability
information inequity
source asymmetry
disclosure asymmetry
information differentiation
orientation asymmetry
information similarity
material asymmetry
information imbalance
information coherence
information skewed
providing asymmetry
informational asymmetry
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com