We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Perfectly Competitive Market

Definition of 'Perfectly Competitive Market'

A market in which both buyers and sellers believe that their own buying or selling decisions have no effect on the market price.

A monopolist is the only seller or potential seller of the good in that industry.

A monopsonist is the only buyer or potential buyer of the good in that industry.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.