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  2. Dictionary

    mar·ket
    [ˈmärkət]
    noun
    market (noun) · markets (plural noun)
    1. a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities:
      "farmers going to market"
    2. an area or arena in which commercial dealings are conducted:
      "the labor market" · "the sale of cruisers in the American market continues to plummet"
      • a demand for a particular commodity or service:
        "there is a market for ornamental daggers"
      • the state of trade at a particular time or in a particular context:
        "the bottom's fallen out of the market"
        Similar:
        buying and selling
      • the free market; the operation of supply and demand:
        "future development cannot simply be left to the market" · "a market economy"
      • a stock market:
        "the sale of the company's shares on world markets"
    verb
    market (verb) · markets (third person present) · marketed (past tense) · marketed (past participle) · marketing (present participle)
    1. advertise or promote (something):
      "the product was marketed under the name “aspirin.”"
    Origin
    Middle English, via Anglo-Norman French from Latin mercatus, from mercari ‘buy’ (see also merchant).
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  3. People also ask
    What does stock market mean?stock market. to buy or sell in a market; deal. to buy food and provisions for the home. to advertise (something) to a target audience or for a recommended use: The vacation homes are marketed to retirees and other seniors. This movie was marketed as a horror film, rather than a drama.
    What is a market?A **market** is a place where buyers and sellers can meet to facilitate the exchange or transaction of goods and services .The parties involved are usually buyers and sellers. The market may be ...A **market** is a place where buyers and sellers can meet to facilitate the exchange or transaction of goods and services .The parties involved are usually buyers and sellers. The market may be ...
    Includes AI generated content
    Why is market definition important?This is particularly important in the case of possible co-ordinated effects. Market definition allows specifying the scope of co-ordination, identifying a maverick firm that could disrupt any co-ordinated behaviour and to evaluate whether the market is susceptible to co-ordinated behaviour.
    What are the functions of market definition?2.3 The functions of market definition In many cases an indirect approach to assessing competitive effects is employed to identify the competitive constraints a firm faces and to assess whether a firm possesses market power or whether market power is created or strengthened by a merger.
     
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