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When a single firm controls most of the supply, its bargaining power lets it set prices above competitive levels.
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When a single firm controls most of the supply, its bargaining power lets it set prices above competitive levels.
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Related words
bargaining power
Noun
countable
uncountable
Japanese Meaning
交渉力：市場や経済状況において、価格や賃金の設定に影響を与える能力を指す。 / 交渉における優位性：独占的または不均衡な市場状況から生じる、取引条件を有利に変更する力。
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