Try Our Apps


Words You've Been Using Wrong

imperfect competition

(economics) the market situation that exists when one or more of the necessary conditions for perfect competition do not hold
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source
Examples from the Web for imperfect competition
Historical Examples
Contemporary definitions for imperfect competition

any of several market situations in which individual producers or consumers still exercise some control over prices, e.g. monopoly, oligopoly, monopsony, or oligopsony's 21st Century Lexicon
Copyright © 2003-2014, LLC
Cite This Source

Word of the Day

Nearby words for imperfect competition

Word Value for imperfect

Scrabble Words With Friends