market power
market power 市场支配力；市场实力 在一段持续性的时期内，通过减产将其商品销售价格抬高到市场竞争价格(特别是边际成本)之上，且仍能以此获取利润的能力。
market power
market power
market power. The ability to reduce output and raise prices above the competitive level — specifically, above marginal cost — for a sustained period, and to make a profit by doing so. • In antitrust law, a large amount of market power may constitute monopoly power. See MONOPOLIZATION. Cf. MARKET SHARE . “In economic terms,
market power
The ability to reduce output and raise prices above the competitive level — specifically, above marginal cost — for a sustained period, and to make a profit by doing so. • In antitrust law, a large amount of market power may constitute monopoly power. See MONOPOLIZATION. Cf. MARKET SHARE.