market power Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “market power” in the English Dictionary

"market power" in Business English

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market powernoun [U]

uk   us   FINANCE, COMMERCE
the ​ability of a ​company to ​controlprices in a particular ​industry: Banks can use ​marketpower to ​dominatenarrowderivativesmarkets. Individual ​insurers have some ​marketpower to ​raise their ​premiums.
(Definition of market power from the Cambridge Business English Dictionary © Cambridge University Press)
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