Assertion: monopoly's competition | /r/HasProperty | imperfect
Facets:
value: because of some similar condition
type: CAUSE
value: because of geographical fragmentation of the market
type: CAUSE
value: because of product differentiation
type: CAUSE
Source sentences:
text: Monopolistic competition, market situation in which there may be many independent buyers and many independent sellers but competition is imperfect because of product differentiation, geographical fragmentation of the market, or some similar condition.
text: Monopolistic competition is an imperfect form of competition where the products sold by each competing company are similar, but not identical.