Outrageously Funny Word Dictionary :: Premonopolized

👉 In economics, a premonopolized market is a market where there are no existing dominant or powerful firms that can exert significant influence over prices and production. In other words, it refers to a market where all firms are small and do not have large enough resources to compete effectively against the larger firms. The term "premonopolized" implies that there is no established competitive landscape in which one firm is able to dominate or monopolize the market. This means that the market is dominated by a

premonopolized