Abuse of dominant position

By:
Updated: Aug 20, 2021

The use of anticompetitive business practices by a dominant firm to maintain or increase market share, either in the product market or in a geographic market. European Union competition law prohibits the abuse of dominant position when it affects trade between member states.

Reference: Oxford Press Dictonary of Economics, 5th edt.



Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.