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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

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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