Cornering
/ˈkɔːrnərɪŋ/
Definitions
- (n.) The act of obtaining dominant control of a market by acquiring sufficient supply of a commodity to manipulate price or exclude competition.
The company was accused of cornering the market on essential medical supplies.
Forms
- cornering
Related terms
See also
Commentary
Often arises in antitrust contexts; evidence must show intent and ability to control the market.
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