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British Dictionary definitions for monopolistic competition

monopolistic competition

noun
  1. economics the form of imperfect competition that exists when there are many producers or sellers of similar but differentiated goods or services
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

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