What does relevant market mean?
Definitions for relevant market
rel·e·vant mar·ket
This dictionary definitions page includes all the possible meanings, example usage and translations of the word relevant market.
Wikipedia
Relevant market
In competition law, a relevant market is a market in which a particular product or service is sold. It is the intersection of a relevant product market and a relevant geographic market. The European Commission defines a relevant market and its product and geographic components as follows: A relevant product market comprises all those products and/or services which are regarded as interchangeable or substitutable by the consumer by reason of the products' characteristics, their prices and their intended use; A relevant geographic market comprises the area in which the firms concerned are involved in the supply of products or services and in which the conditions of competition are sufficiently homogeneous.
Numerology
Chaldean Numerology
The numerical value of relevant market in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of relevant market in Pythagorean Numerology is: 3
Examples of relevant market in a Sentence
The downside UK gas price trigger is now at 29.8 p/therm, close to where the relevant market trigger is now for the start of continental fuel switching.
As a consequence, the trial record was not as fulsome with respect to antitrust conduct in the relevant market as it could have been.
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"relevant market." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/relevant+market>.
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