Market domination
Measure of the strength of a brand, product, service or firm / From Wikipedia, the free encyclopedia
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Market dominance is the control of a economic market by a firm.[1] A dominant firm possesses the power to affect competition[2] and influence market price.[3] 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,[4] and without concern for resource allocation.[5] 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.