perfect competition
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
If there were thousands of players, the HHI would be nearly zero — the blissful state of perfect competition mentioned above.
From Los Angeles Times • May 8, 2018
The more closely the world can be made to resemble an ideal market governed only by perfect competition, the more law-like and “scientific” human behaviour, in the aggregate, becomes.
From The Guardian • Aug. 18, 2017
In perfect competition, a business is so focused on today’s margins that it can’t possibly plan for a long-term future.
From Time • Mar. 11, 2015
I was struck by a contradiction between the theory of perfect competition, which postulated perfect knowledge, with Popper's theory, which asserted that perfect knowledge was unattainable.
From Slate • Apr. 29, 2011
An ideal of perfect competition became an idol to which much human flesh and blood were sacrificed.
From Supply and Demand by Henderson, Hubert D.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
