price taker
noun[C]
ukusCOMMERCE,FINANCE
acompany,buyer, orinvestorwho is notabletoinfluencethepriceof aproductorinvestmentand has tofollowwhat othercompanies, etc. are doing:
Thepricetakersellseveryunitat thepricethat isdeterminedby themarket.
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price leader