Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “market power”

market power

the ability of a company to control prices in a particular industry : Banks can use market power to dominate narrow derivatives markets . Individual insurers have some market power to raise their premiums .
(Definition of market power noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of market power

Word of the Day


a skilled and trained cook who works in a hotel or restaurant, especially the most important cook

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More