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Dictionary

Words, grammatical forms and meanings linked to the ontology.

market power en · NOUN

Meanings

  1. (uncountable) The ability of a firm to profitably raise the market price of a good or service over marginal cost; also, the ability to raise it even further above marginal cost than it already is, even despite competitors' attempts to undersell.

Relateds

oligopoly · monopoly · perfect competition · non-price competition · good value

Translations (5)

fr pouvoir de marché (Translations) · fi markkinavoima (Translations) · sw nguvu ya soko (Translations) · pl siła rynkowa (Translations) · de Marktmacht (Translations)