captive market


Also found in: Wikipedia.

captive market

n
(Economics) a group of consumers who are obliged through lack of choice to buy a particular product, thus giving the supplier a monopoly
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

captive market

nMonopol-Absatzmarkt m
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
Mentioned in ?
References in periodicals archive ?
Its portfolio approach allows for small and mid-market businesses to enter the captive market and replace commercial insurance coverage with A+ rated carriers at $250,000 of combined premium.
He said power load will eventually shift from captive market to open market because people are starting to see the benefit of RES.
ENPNewswire-July 26, 2019--AM Best to Host Webinar on the State of the Captive Market
A STUDY by fuel price information service and app, PetrolPrices.com has revealed that UK motorway service stations are charging up to 37p per litre of fuel more than their nearest station, taking advantage of the captive market.
There's a window of opportunity and travel firms ramp up the cost because they have a captive market.
In a 36-page petition, petitioners led by Bayan Muna chair and senatorial candidate Neri Colmenares said the imposition of the bill deposit against its captive market is illegal and against its duty under its franchise to promote consumer interest.
The proposed 'Rules Governing the Procurement, Execution, and Evaluation of Power Supply Agreements Entered Into by Distribution Utilities for the Supply of Electricity to their Captive Market' aim to prescribe guidelines on default contractual provisions and minimum standard format in order to make the process of power-supply contracting clear and efficient, said the regulator.
The energy official explained that project location, financial closing as well as the existence of a captive market' or anchor load for the LNG import facility had been among the justifications required by the DOE on its issuance of a notice-to-proceed (NTP) to the Uy-CNOOC tandem.
A firm which has a virtual monopoly is allowed to syphon money from a captive market to reward a few wealthy investors.
As the Captive market has become more mainstrem, differentiating between domiciles is often an excerise in comparing financial data Neverthless, some large trends have emerged that indicate where captives could be headed in the future.
The situation was worsened by the fact that, with parts of the former Soviet Union no longer ruled from Moscow, what used to be a captive market for petrochemicals was fragmented into a dozen new countries where Russia is one among competitors.