Market Dominance
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About Market Dominance
Market dominance is the control of a economic market by a firm. A dominant firm possesses the power to affect competition and influence market price. A firms' dominance is a measure of the power of a brand, product, service, or firm, relative to competitive offerings, whereby a dominant firm can behave independent of their competitors or consumers, and without concern for resource allocation. Dominant positioning is both a legal concept and an economic concept and the distinction between the two is important when determining whether a firm's market position is dominant.
Abuse of market dominance is an anti-competitive practice, however dominance itself is legal.
Abuse of market dominance is an anti-competitive practice, however dominance itself is legal.
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5m0.9%
1h2.6%
6h-3.7%
24h51.6%
TXN 2
Buy 1
Sell 1
Volume $524.08
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Launched on Oct 17, 2024