Definition
The existence within a market for some good or service of a sufficient number of buyers and sellers such that no single market participant has enough influence to determine the going price of the good or service. opposite of monopoly.
This content can be found on the following page:
http://www.investorwords.com/cgi-bin/getword.cgi?id=5467&term=competition
email to a friend
print this definition
cite this definition
link to this page
Copy and paste this HTML in your website to link to this page
'competition' appears in these other terms:
monopolistic competition, perfect competition, pure competition
'competition' appears in the definitions of these other terms on BusinessDictionary.com: intratype competition, imperfect competition, intertype competition, Bertrand competition, dominant firm, and 
Related Research Articles from the InvestorGuide.com University
Inflation and Interest Rates
Discover how inflation works and the affect it can have on the market. Also, learn about interest rates, what causes them to rise or drop, and why you should care.
Introduction to the Economy
Learn how the economy can be influenced by the US government through fiscal and monetary policy. Understand the importance of a global economy and why individuals should make a portion of their investments overseas.
Economic Indicators
Find out about some of the most researched pieces of news in the world. Topics include Gross Domestic Product, Consumer Price Index, the Producer Price Index, Employment Indicators, the Retail Sales Index, the National Association of Purchasing Management Index, the Consumer Confidence Index, and more.
|
