Discover what a market is in economics, its various types, and common features. Learn how markets function, both in physical spaces and through virtual platforms.

In Antitrust analysis in the United States, the Small but Significant Non-Transitory Increase in Price (“SSNIP”) test is often a key component of market definition analysis, whether performed ...

Learn about market failure in economics, where supply and demand imbalances lead to inefficient distribution, its types, and ...