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Glossary Logistics / Term

Market Dominance

The absence of effective competition for railroads from other carriers and modes for the traffic to which the rail rate applies. The Staggers Act stated that market dominance does not exist if the rate is below the revenue-to-variable-cost ratio of 160 percent in 1981 and 170 percent in 1983.

Permanent link Market Dominance - Creation date 2021-12-06


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