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Also available:
World English Dictionary
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monopolistic competition
mo·nop·o·lis·tic com·pe·ti·tion
noun
Definition:
market with similar but distinct products:
a market structure in which a large number of companies sell products that are similar but with distinguishing features
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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