完かん全ぜん競きょう争そう

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Meanings

1

noun

perfect competition

Economic term for a market structure where many firms sell identical products, no single firm can influence price, and entry/exit is free.

完perfect, completion, end

全whole, entire, all

競emulate, compete with, bid

争contend, dispute, argue

独どく占せん
完全競争 is the opposite extreme of 独占 (monopoly), where one firm dominates the market.
不ふ完かん全ぜん競きょう争そう
不完全競争 (imperfect competition) is the broader category that includes monopolistic competition, oligopoly, and monopoly, while 完全競争 is the theoretical ideal.

Compound of 完全 (perfect, complete) and 競争 (competition), directly translating the English economic term 'perfect competition'.