Any departure from perfect competition. However, imperfect competition usually refers to one of the market structures other than perfect competition.
Related information about imperfect competition:
- Imperfect competition - Wikipedia, the free encyclopedia
In economic theory, imperfect competition is the competitive situation in any market where the sellers in the market sell different/dissimilar of goods, ...
- Imperfect Competition Definition | Investopedia
A type of market that does not operate under the rigid rules of perfect competition. Perfect competition implies an industry or market in which no one supplier can ...
- Imperfect Competition
Chapter 9: Monopoly and Other Forms of Imperfect Competition. Slide 2. Imperfect Competition. ▫ Perfectly Competitive Markets. ○ Maximize economic surplus ...
- What is imperfect competition? definition and meaning
Definition of imperfect competition: Real world' competition that is less effective in lowering price levels nearer to the cost levels than the theoretical perfect ...
- Imperfect Competition - AmosWEB
The most noted examples of imperfect competition are the two market structures with selling-side control--monopolistic competition and oligopoly. Lesser known ...
- imperfect competition - The Free Dictionary
(Economics) Economics the market situation that exists when one or more of the necessary conditions for perfect competition do not hold. Translations. imperfect ...
- Estimating Dynamic Models of Imperfect Competition
75, No. 5 (September, 2007), 1331–1370. ESTIMATING DYNAMIC MODELS OF IMPERFECT COMPETITION. BY PATRICK BAJARI, C. LANIER BENKARD, ...
- Imperfect competition: Definition from Answers.com
imperfect competition In economics, a state of affairs in which the necessary conditions for perfect competition are not met.