The company’s ability to raise the price of a product without affecting its demand. A company that prodces a product that is unique or faces little competition has a high pricing power.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The company’s ability to raise the price of a product without affecting its demand. A company that prodces a product that is unique or faces little competition has a high pricing power.
Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.