不ふ完かん全ぜん競きょう争そう

noun

imperfect competition

Economics term referring to market structures that deviate from perfect competition, such as monopoly, oligopoly, or monopolistic competition.

• 不ふ完かん全ぜん競きょう争そうの市し場じょうでは、企き業ぎょうは価か格かく決けっ定てい力りょくを持もつ。

  In imperfectly competitive markets, firms have price-setting power.

• この理り論ろんは不ふ完かん全ぜん競きょう争そう下かの経けい済ざい行こう動どうを分ぶん析せきする。

  This theory analyzes economic behavior under imperfect competition.