The situation prevailing in a market in which elements of monopoly allow individual producers or consumers to exercise some control over market prices.
不完全竞争状态（垄断因素使个别生产商或消费者对市场价格有一定程度的控制）
Example sentencesExamples
There are arguments for free trade even if trade flows respond more to imperfect competition than to comparative advantage.
Thirdly, trade liberalization limits the market power of firms, and as a consequence, price distortions resulting from imperfect competition will decrease and efficiency will increase.
Market measures of imperfect competition used in this study arc the Lerner index, buyers' market shares, and the seller concentration ratio.
In chapter 2, however, we learn about market failure and imperfect competition.
But neoclassical economics can readily expand to models of imperfect competition that are perfectly capable of generating it.
Definition of imperfect competition in US English:
imperfect competition
noun
The situation prevailing in a market in which elements of monopoly allow individual producers or consumers to exercise some control over market prices.
不完全竞争状态（垄断因素使个别生产商或消费者对市场价格有一定程度的控制）
Example sentencesExamples
Market measures of imperfect competition used in this study arc the Lerner index, buyers' market shares, and the seller concentration ratio.
Thirdly, trade liberalization limits the market power of firms, and as a consequence, price distortions resulting from imperfect competition will decrease and efficiency will increase.
But neoclassical economics can readily expand to models of imperfect competition that are perfectly capable of generating it.
In chapter 2, however, we learn about market failure and imperfect competition.
There are arguments for free trade even if trade flows respond more to imperfect competition than to comparative advantage.