The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CONTESTABLE MARKET Definition & Legal Meaning

Definition & Citations:

A market that lets entry or exit occur at any time. It has a few businesses in this market leaving room for new members. If some profit is made than more businesses will come and take advantage of the interest and enter the market.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.