Imperfect competition
id:
imperfect-competition-218-4896410
title:
Imperfect competition
text:
In economics, imperfect competition refers to a situation where the characteristics of an economic market do not fulfil all the necessary conditions of a perfectly competitive market. Imperfect competition causes market inefficiencies, resulting in market failure. Imperfect competition usually describes behaviour of suppliers in a market, such that the level of competition between sellers is below the level of competition in perfectly competitive market conditions. The competitive structure of a
brand slug:
wiki
category slug:
encyclopedia
description:
Type of market structure
original url:
https://en.wikipedia.org/wiki/Imperfect_competition
date created:
2002-03-22T12:26:29Z
date modified:
2024-09-13T10:27:23Z
main entity:
{"identifier":"Q281682","url":"https://www.wikidata.org/entity/Q281682"}
image:
fields total:
13
integrity:
15