Market power definition

Market power means the ability to impose on customers a sustained price for a product or service above the price that would prevail in a competitive market.
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Market power means the power of a firm to control prices, to exclude competition or to behave to an appreciable extent independently of its competitors, customers or suppliers;
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Market power means the ability to impose on customers a significant and nontransitory price
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Examples of Market power in a sentence

  • Market power can be exercised in other economic dimensions, such as quality, service, and the development of new or improved goods and processes.

  • Market power is the ability to maintain prices above competitive levels or to maintain output in terms of product quantities, product quality and variety or innovation below competitive levels for a not insignificant period of time.

  • Market power is the ability to profitably maintain prices above competitive levels for a period of time or to profitably maintain output in terms of product quantities, product quality and variety or innovation below competitive levels for a period of time.

  • When making decisions about a child, including those decisions regarding services provided, placement and permanency planning, the safety of the child must be the foremost issue in determining what is in the best interest of the child.

  • Market power: price variation among commercial insurers for hospital services.


More Definitions of Market power

Market power. ’ means the ability profit-
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Market power means a position of economic strength enjoyed by a Licensed Operator which enables it to behave to an appreciable extent independently of its competitors, customers, and ultimately consumers;
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Market power means the ability of a seller or group of sellers to maintain prices above competitive levels, or to maintain stable prices while reducing the quality of product or service provided, for a significant period of time;
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Market power in this context simply means that the manufacturer has a downward sloping demand curve.
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Market power means the power of a firm to con-
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Market power means the ability of a pub-
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Market power means the power of a firm to control prices, to exclude competition or to behave to an appreciable extent independently of its competitors, customers or suppliers within the Gauteng Province.
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