Price Maker

(redirected from Price Makers)

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 ?
This will help transform farmers from price takers to price makers.
"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. The central bank management has been more prudent for 2016 as it set its year-end inflation forecast at 6.5 percent.
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. For this reason, cooperatives remain as important today as they were at our founding, and have not only built the foundation of our national organization to fight for family farmers, but also continue to serve as its North Star.
(2) Japan, according to Miles Kahler, has acted since the 1980s in a way "that might change the existing system by its behavior, as a 'price maker' rather than a 'price taker.'" (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." (4) This notion is often deployed by policy elites, particularly in the tiny Southeast Asian city-state of Singapore, whose population numbers 5 million and, with 714 square kilometers of land area, is less than half the size of London.
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.
“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.
"This policy is very important where Namibians are considered "price takers" rather than "price makers" and therefore a more organised and coordinated supply chain is expected to result in a better price for the product in its different forms, raw, semi-processed or processed," said Eline van der Linden, deputy CEO of Programme Implementation at MCA-N.
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).