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The Daily Insight

What is the opposite of a competitive market?

Author

Sarah Garza

Updated on April 23, 2026

The extreme opposite of a perfectly competitive market is called a monopoly. In a monopoly, there is only one seller, who has power to set the market price.

Similarly, it is asked, what's the opposite of competitive?

noncompetitive apathetic
passive unambitious
indifferent listless
uninterested dispirited
lazy unconcerned

One may also ask, what is the opposite of a monopoly? In economics, a monopsony is where there are many sellers and one buyer. It's the opposite of a monopoly, which is where there are many buyers and one seller. In fact, a monopsony is sometimes called “a buyer's monopoly.”

Likewise, people ask, what is the opposite of competitive advantage?

The term competitive advantage typically refers to an advantage held by a given party, especially in sports or business. Here's a list of antonyms for advantage. “When the humor is flat and repetitious, the absence of a credible storyline becomes a major drawback.”

What is the opposite of competitive advantage?

downside catch
negative aspect scourge

How do you say competitive in USA?

Tips to improve your English pronunciation: Break 'competitive' down into sounds: [KUHM] + [PET] + [UH] + [TIV] - say it out loud and exaggerate the sounds until you can consistently produce them.

Related Question Answers

How do you describe a competitive person?

competitive. If you're competitive, you want to be the best. No one likes to lose, but if you are a competitive person, it will be especially disappointing to see someone else win. People who are competitive like to compete — to find out who knows the most, runs the fastest, can eat the most hot dogs, and so on.

What does it mean to be non competitive?

1. noncompetitive - not involving competition or competitiveness; "noncompetitive positions"; "noncompetitive interest in games" competitive, competitory - involving competition or competitiveness; "competitive games"; "to improve one's competitive position"

What's another word for competitiveness?

competitive; militant; private-enterprise; free-enterprise; competitory.

What is the meaning of gentlemanliness?

Gen´tle`man`li`ness. n. 1. The state of being gentlemanly; gentlemanly conduct or manners. Webster's Revised Unabridged Dictionary, published 1913 by G.

What is the opposite of control?

The opposite of control is to relinquish. To surrender.

What part of speech is odious?

SYNONYMS FOR odious 1 abominable, objectionable, despicable, execrable. See hateful. 2 loathsome, repellent, repulsive.

What are examples of competitive advantages?

Examples of Competitive Advantage
  • Access to natural resources that are restricted to competitors.
  • Highly skilled labor.
  • A unique geographic location.
  • Access to new or proprietary technology.
  • Ability to manufacture products at the lowest cost.
  • Brand image recognition.

What is competitive disadvantage?

A competitive disadvantage is an unfavorable circumstance or condition that causes a firm to underperform in an industry. Disadvantages typically include things such as know-how, scale, scope, location, distribution, quality, product features, process efficiency, productivity and costs.

How do you maintain competitive advantage?

Maintain Your Competitive Advantage by Focusing on Your Most Valuable Asset -- You
  1. Related: Don't Study the Competition.
  2. Related: How to Stand Out: Make Yourself Equal and Then Make Yourself Different.
  3. Invest in your expertise.
  4. Pick your battles.
  5. Related: Use Being Different to Your Competitive Advantage.

What is gaining commercial advantage?

A superiority gained by an organization when it can provide the same value as its competitors but at a lower price, or can charge higher prices by providing greater value through differentiation. Competitive advantage results from matching core competencies to the opportunities.

What is a pure monopoly?

A pure monopoly is a market structure where one company is the single source for a product and there are no close substitutes for the product available. Pure monopolies are relatively rare. In order for a provider to maintain a pure monopoly, there must be barriers preventing competitors from entering the market.

Is a monopoly illegal?

A monopoly is when a company has exclusive control over a good or service in a particular market. Not all monopolies are illegal. But monopolies are illegal if they are established or maintained through improper conduct, such as exclusionary or predatory acts. This is known as anticompetitive monopolization.

What is anti monopoly?

Anti-Monopoly is a unique board game in that the two sets of players don't play by the same rules. That makes it more like the real-world economy. In real life, though, monopolists have an unfair advantage. But in the Anti-Monopoly game, the odds of winning have been balanced.

What is another name for monopoly?

A monopoly is also known as a trust, from which we have the word "antitrust" to mean the laws related to breaking up monopolistic practices. "Megacorp" is a newer, more journalistic way of describing a big corporation that's cornered a market.

What is an example of monopoly?

A monopoly is a firm who is the sole seller of its product, and where there are no close substitutes. An unregulated monopoly has market power and can influence prices. Examples: Microsoft and Windows, DeBeers and diamonds, your local natural gas company.

What are the types of market?

The five major market system types are Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition and Monopsony.
  • Perfect Competition with Infinite Buyers and Sellers.
  • Monopoly with One Producer.
  • Oligopoly with a Handful of Producers.
  • Monopolistic Competition with Numerous Competitors.
  • Monopsony with One Buyer.

What is Oligopsony market?

Oligopsony is similar to an oligopoly (few sellers); this is a market in which there are only a few large buyers for a product or service. This allows the buyers to exert a great deal of control over the sellers and can effectively drive down prices.

What is Polypoly?

Polypoly is a multi-player board game where players use strategy, storytelling and 21st century economic thinking to shape markets. Polypoly (noun): An economic term for a marketplace with many buyers and many sellers.

How do you identify market structure?

The main aspects that determine market structures are: the number of agents in the market, both sellers and buyers; their relative negotiation strength, in terms of ability to set prices; the degree of concentration among them; the degree of differentiation and uniqueness of products; and the ease, or not, of entering