What is another word for market power?
Pronunciation: [mˈɑːkɪt pˈa͡ʊə] (IPA) 
Market power refers to a company's ability to influence the price and quantity of goods or services in the market. Synonyms for market power include monopoly power, pricing power, market dominance, and market control. A monopoly is a market structure where a single firm controls the entire market, giving it a significant amount of market power. Pricing power refers to a company's ability to set the price of its products without worrying about competition. Market dominance is another synonym for market power where a company has a substantial market share, and other firms struggle to compete in the market. Market control refers to a company's ability to restrict supply, manipulate prices, or influence market competition.
