competitive

Definition

A situation in which no buyer(s) or seller(s) have the power to affect or manipulate market prices.

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Related terms:

winner's curse, supply curve, auction market, Baby Bells, choice market, double auction market, dutch disease, globalization, negotiated underwriting, predatory pricing  and  

'competitive' appears in these other terms:

competitive bid, competitive intelligence, competitive advantage

'competitive' appears in the definitions of these other terms on BusinessDictionary.com:



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