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imperfect competition

noun

  1. 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
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Example Sentences

Imperfect competition is what exists in the department of carrying.

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imperfectimperfect flower

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