Updated: Aug 20, 2021

A firm which sets the price of a good or security. Only a firm with some degree of monopoly power can be a price-setter. A price-setter is contrasted with a price-taker, which is a competitive firm or an individual who has to treat the market price as given.

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

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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.