Market Power

The ability to control or affect price.

Definition by FERC

Source: ¹

The ability of any market participant with a large market share to significantly control or affect price by withholding production from the market, limiting service availability, or reducing purchases.

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Last modified: 2025-06-20

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1. FERC (2020). FERC Glossary - Market Assessments. https://www.ferc.gov/industries-data/market-assessments/overview/glossary ↩