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

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Modern Language Association (MLA):
Contestable Market. Payroll & Accounting Heaven Ltd. September 25, 2021
Chicago Manual of Style (CMS):
Contestable Market. Payroll & Accounting Heaven Ltd. (accessed: September 25, 2021).
American Psychological Association (APA):
Contestable Market. Retrieved September 25, 2021, from website:

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.