English
English version

captive market

From Longman Dictionary of Contemporary Englishcaptive marketcaptive marketthe people who must buy a particular product or service, because they need it and there is only one company selling it captive
Examples from the Corpus
captive marketIn the past, manufacturers had a captive market.Philip Leapor did not have a captive market.
From Longman Business Dictionarycaptive marketˌcaptive ˈmarket [singular]ECONOMICS a market in which buyers have no choice about which product to buy or which seller to buy fromThe company has gained a captive market with its baby-food contract and exclusive access to 107,000 infants in the state. market
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