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perfect competition

British  

noun

  1. economics a market situation in which there exists a homogeneous product, freedom of entry, and a large number of buyers and sellers none of whom individually can affect price

"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

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.

The organization identified the teen girl as one of the event competitors.

From Los Angeles Times • Jun. 1, 2026

In this event, competitors complete 10km using the classical technique before changing skis and doing 10km using the freestyle technique.

From BBC • Feb. 2, 2026

The virtual marathon setup failed to capture the camaraderie of the event, competitors said.

From Washington Post • Oct. 30, 2022

Over half of USA Weightlifting’s national event competitors are women, says Phil Andrews, the organization’s director of events and programs.

From US News • Dec. 17, 2014

For this weekend's event, competitors will have the chance to jib a rail on top of a four-wheel drive Lincoln Town Car limo, sponsored by Smith Sport Optics.

From Time Magazine Archive

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