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.

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;

Market power means the ability to impose on customers a significant and nontransitory price

Examples of Market power in a sentence

• Market power has many forms and can be exercised by having limited number of participants in a market.

• Market power is the ability of a firm or firms profitably to constrain or manipulate the supply of products from the levels and quality that would be observed in a competitive market, for a significant period of time.Market power may be drawn from the ownership of infrastructure required for providing services in the downstream market.

• Market power mitigation rules result in competitive outcomes despite high levels of supplier concentration.However, tier 1 reserves are inappropriately overcompensated when the nonsynchronized reserve market clears with a nonzero price.

• Market power can also be a much greater concern in local areas when power flows over the network cause transmission congestion that isolates these areas.

• Market power arises from the structural conditions of the market within which the enterprise operates.

More Definitions of Market power

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;

Market power. ’ means the ability profit-

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;

Market power in this context simply means that the manufacturer has a downward sloping demand curve.

Market power means sufficient market power to affect competition ad- versely in the U.S. market.

Market power means the ability of a pub-

Market power means the power of a licensee to raise charges consistently and significantly above the level that would prevail in a competitive market`