Words / A / Law

as-efficient competitor test

phrase/əz ɪˈfɪʃnt kəmˈpetɪtə test/

C2CEFR level
95/100Rarity: very rare
TechnicalRegister

An analytical test asking whether a rival as efficient as the dominant firm could compete under the challenged pricing.

The as-efficient competitor test showed the rebate scheme could exclude a rival matching the incumbent's costs.

Similar: AEC test

Topic: Competition & antitrust in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Competition & antitrust