Price Maker

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Price Maker

A monopoly or a similar company that is able to heavily influence the prices charged for its products because no other companies have the same product or a similar product of the same quality. A price maker is essentially able to charge whatever it wants so long as it does not run afoul of antitrust laws.
References in periodicals archive ?
As a producer myself I understand farmers are price takers, not price makers," Minister Nash said.
Mr Court says that companies, such as Estover and Glennmont which use UK wood, are the price takers with the market price makers still being the timber and construction industries.
Nevertheless, as this target appears to be far from within reach, the forecasts of the central bank matter more for price makers.
Since the founding of Farmers Union 113 years ago, agriculture has become more, not less, concentrated and farmers still find themselves as price takers, not price makers.
3) While leading players in global affairs, such as the great powers, are usually "price-makers of the system," it is conversely assumed that adjusting to accommodate the actions of these price makers is the perennial role of the smaller states, "the price-takers in the system.
TEHRAN (FNA)- Managing Director of Iran Mercantile Exchange (IME) Hossein Panahain announced that the IME plans to be one of the major price makers in the region, including Central-Asia, Middle-East and Caucasus.
We will have market makers from day one, we will have price makers and price takers.
8220;Our new trading service is in accordance with the escalating demands and requests for asset-backed securities and in order to complete this service offering, we utilize the highly sophisticated technology to distribute key price makers in the asset-backed securities.
Investors can be price makers, not just price takers and in many cases buyer power reigns supreme.
Other papers that we have had the privilege of publishing over a three-decade period include a second-best problem in featherbedding (1976), price searching and tatonnement in general equilibrium models (1979), Hotelling's proof and the marginal cost pricing theorem (with Pfouts, 1981), price searching in general equilibrium models (1987), welfare effects of income and excise taxes (1995), price makers and non-clearing markets (1996), and modern game theory (1998).
Price makers don't just say 'we make paper or boxes and what price will you pay?