The setting of prices in a market by a dominant company, which is followed by others in the same market.
〔经济〕先导价格制
Example sentencesExamples
The healthy effects of market competition may be offset by mergers, cartels, or price leadership understandings, most of which are legitimated or tolerated by government.
It can be difficult to distinguish between cartels in which prices are maintained across a range of producers or suppliers, and other situations in which price leadership is present.
The company's price leadership strategies in the early twentieth century may have led to a high return on sales, but its dollar sales were essentially stagnant despite significant additions to capacity and production.
In a message published in the co-op's newsletter, Mr Walsh said Dairygold has served its farmer shareholders well over the years, not least in milk price leadership.