market power

noun

The ability of a firm to profitably raise the market price of a good or service over marginal cost; also, the ability to raise it even further above marginal cost than it already is, even despite competitors' attempts to undersell.

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Meanings

nounmarket power (uncountable)
  1. uncountableeconomicsThe ability of a firm to profitably raise the market price of a good or service over marginal cost; also, the ability to raise it even further above marginal cost than it already is, even despite competitors' attempts to undersell.

Translations

Finnish markkinavoima
  • markkinavoimaTranslations
French pouvoir de marché
  • pouvoir de marchéTranslations
German Marktmacht
  • MarktmachtTranslations
Polish siła rynkowa
  • siła rynkowaTranslations
Swahili nguvu ya soko
  • nguvu ya sokoTranslations
Cite this entry
APA

market power. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/market%20power

MLA

“market power.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/market%20power. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “market power,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/market%20power.

Source: market power on Wiktionary, CC BY-SA 4.0.