imperfect competition

noun

economics the market situation that exists when one or more of the necessary conditions for perfect competition do not hold

Nearby words

  1. imperception,
  2. imperceptive,
  3. impercipient,
  4. imperf.,
  5. imperfect,
  6. imperfect contrition,
  7. imperfect flower,
  8. imperfect fungus,
  9. imperfect stage,
  10. imperfectible

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