Contestable Market

Business, Legal & Accounting Glossary

Definition: Contestable Market




Full Definition of Contestable Market


contestable market is one that has few companies- but all existing companies behave in a competitive manner to deter new entrants. A contestable market may have only one firm behaving in a competitive manner. Prime examples of contestable markets include electricity and gas supply companies, low-cost domestic airlines, and internet service providers.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/contestable-market/
Modern Language Association (MLA):
Contestable Market. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 25, 2021 https://payrollheaven.com/define/contestable-market/.
Chicago Manual of Style (CMS):
Contestable Market. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/contestable-market/ (accessed: September 25, 2021).
American Psychological Association (APA):
Contestable Market. PayrollHeaven.com. Retrieved September 25, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/contestable-market/

Definition Sources


Definitions for Contestable Market are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th March, 2020 | 3 Views.