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monopolistic competition

Line breaks: mon|op¦ol|is¦tic com|pe¦ti¦tion

Definition of monopolistic competition in English:

noun

Another term for imperfect competition.
Example sentences
  • The AOA is all about consolidating the monopolistic competition between the US and the EU for third country markets.
  • He hasn't changed his substantive views on comparative advantage or monopolistic competition.
  • As a consequence, Miksch regards a competition-political evaluation of Edward Chamberlin's studies on monopolistic competition as inevitable.

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