Cornering the market

In competition law, cornering the market consists of obtaining sufficient control of a particular stock, commodity, human capital or other asset in an attempt to reduce competition.

Companies that have cornered their markets have usually done so in an attempt to gain greater leeway in their decisions; for example, they may desire to charge higher prices for their products without fears of losing too much business. The cornered hopes to gain control of enough of the supply of the commodity to be able to set the price for it.

Competition law

Basic concepts
Barriers to entry Competition Competition law theory History of competition law Herfindahl–Hirschman index Monopoly and oligopoly Coercive Government-granted monopoly Natural monopoly State and Legal monopoly Market concentration Market power Monopoly profit Profit margin Merger control Non-compete clause SSNIP test Regulatory agency Regulatory economics Relevant market
Anti-competitive practices
Collusion Dividing territories Formation of cartels Price fixing (List) Bid rigging Tacit collusion Occupational licensing and closure Embrace, extend, and extinguish Exclusive dealing Horizontal integration Mergers and acquisitions Monopolization Misuse of patents and copyrights Predatory pricing Price gouging Product bundling and tying Raising rivals' costs Refusal to deal Group boycott Essential facilities Regulatory capture Noerr–Pennington doctrine Parker immunity doctrine Rent-seeking Vendor lock-in Vertical integration
Competition regulators
List of competition regulators International Competition Network