Situation in which a market leader sets the price of a product or service, and competitors feel compelled to match that price.
Related information about price leadership:
- Price Leadership Definition | Investopedia
When a firm that is the leader in its sector determines the price of goods or services. Price leadership can leave the leader's rivals with little choice but to follow ...
- Tacit collusion - Wikipedia, the free encyclopedia
Thus, there may be unwritten rules of collusive behavior such as price leadership (tacit collusion). A price leader will then emerge and sets the general industry ...
- What is price leadership? definition and meaning
Definition of price leadership: Situation in which a market leader sets the price of a product or service, and competitors feel compelled to match that price.
- Price Leadership - Financial Dictionary - The Free Dictionary
A price charged by the dominant producer that becomes the price adopted by all the other producers. Price Leadership. A situation in which a company sets a ...
- Price Leadership Definition & Example | InvestingAnswers
We explain the definition of Price Leadership, provide a clear example of the formula and explain why it's an important concept in business, finance & investing.
- What Is the Price Leadership Model? | Chron.com
A company has price leadership when it sets the price of products in its industry and other companies, often much smaller than the leader, all follow suit.
- Price Leadership Ppt Presentation
Feb 17, 2011 ... A Micro economy related ppt. material - A PowerPoint presentation.
- Price Leadership - AccountingTools
Definition of Price Leadership. Price leadership is a situation where one company, usually the dominant one in its industry, sets prices which are closely followed ...