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Perfect competition
(redirected from Pure competition)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Perfect competition
An idealized market environment in which every market participant is too small to affect the market price by acting on its own.


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For pure competition and AP Poll numbers-based action, the Georgetown game is your best bet.
The theory of pure competition also assumes that the arm''s length principle prevails in relationships among economic agents.
Chinese industrial policy and the views of third parties are driving the regulatory process rather than pure competition considerations," said Martyn Huckerby, a Shanghai-based partner at Australian firm Mallesons Stephen Jaques.
 
 
 
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