monopolistic competition

noun

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

Nearby words

  1. monopolar cautery,
  2. monopole,
  3. monopolism,
  4. monopolist,
  5. monopolistic,
  6. monopolize,
  7. monopoly,
  8. monopolylogue,
  9. monopropellant,
  10. monoprotic

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