This note is a part of my Zettelkasten. What is below might not be complete or accurate. It
is also likely to change often.
Market power is the ability of Corporations and individuals to shift the price of the market in their favour.
Corporations have information which others dont have. They understand what is the minimum price of a product. They also know who are the other producers of the producers. If its a fairly small market, they can easily get in touch with other producers and fix the price to create some sort of Cartel. This is very common.
This severly hampers the price-fixing ability of Market