Market Sector
/ˈmɑːrkɪt ˈsɛktər/
Definitions
- (n.) A distinct subset of the economy encompassing businesses or industries that operate in the same segment or type of commerce, relevant in regulatory, contractual, and competition law contexts.
The agency analyzed the market sector to assess anti-competitive practices.
Forms
- market sector
- market sectors
Related terms
See also
Commentary
In legal drafting, 'market sector' often arises in contexts involving competition law and regulatory frameworks; clarity about the specific sector involved aids in precise legal analysis.
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.