The term "cornered market" refers to a situation where a single entity has acquired complete control over the supply of a particular product or service, giving them an unfair advantage over the market. The opposite of a cornered market is a competitive market, where multiple players have an equal opportunity to offer their goods or services to customers. In a competitive market, consumers have access to a wider range of options and prices are determined by market forces, rather than by an individual or a company. Instead of being cornered, businesses strive to stand out in a competitive market by offering quality products and services at affordable prices, in order to attract customers and grow their customer base.