Price-setter

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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
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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.