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.

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

We’ve touched on market definition before, and it’s the key to each side’s case. “I’ve concluded that Google has monopoly power in the market of app distribution on Android smartphones,” says Epic’s ...

The EC has published the long-awaited revised Market Definition Notice (the "Notice"), marking the first update since its initial adoption in 1997. The Notice clarifies the methodology for defining ...

The European Commission’s (“Commission”) substantially revised Market Definition Notice (“Revised Notice”) will make it significantly easier for it to allege that mergers and other transactions ...