Contestable Market

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Definition: Contestable Market

Contestable Market
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Full Definition of Contestable Market

A 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.

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April 23, 2024 https://payrollheaven.com/define/contestable-market/.
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Contestable Market. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/contestable-market/ (accessed: April 23, 2024).
American Psychological Association (APA):
Contestable Market. PayrollHeaven.com. Retrieved April 23, 2024
, 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 | 0 Views.