Market Dominance
/ˈmɑːrkɪt ˈdɑːmɪnəns/
Definitions
- (n.) The condition of a firm possessing substantial power to control prices or exclude competition within a particular market.
The company’s market dominance was scrutinized for potential antitrust violations.
- (n.) The degree to which a company holds a leading share of sales or consumer preference in a market relevant for competition law analysis.
Market dominance is often evaluated through market share and barriers to entry.
Related terms
See also
Commentary
Market dominance is a critical concept in competition law, often serving as a threshold for assessing abuse of dominant position under antitrust statutes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.