market failure

market failure (plural market failures)

  1. (economics) A situation in which the allocation of goods and services by a free market is not efficient.
  • French: défaillance du marché, défaillance de marché
  • German: Marktversagen
  • Italian: fallimento del mercato
  • Portuguese: falha de mercado
  • Russian: прова́л ры́нка

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