For the short story, see Captive Market (short story).
A captive market is a market where the potential consumers face a severely limited number of competitive suppliers; their only choices are to purchase what is available or to make no purchase at all. The term therefore applies to any market where there is a monopoly or oligopoly.
Examples of captive-market environments include the food markets in cinemas, theme parks, airports, and sports arenas, college textbooks, US cable companies, the Kosher food market in the United Kingdom, printer refills, truck stops due to fueling contracts and semi truck regulations, and phone calls and food in jails and prisons. Academic publishers, such as Elsevier, operate captive markets.[1][2][3]
During the 2020 NBA Bubble, Jimmy Butler sold coffee for $20 a cup; "You can't get coffee anywhere here... People here can afford it," he said.[4] Professional team sports have often been described as an example of captive markets,[5] with strict self-policing rules amongst supporters making it virtually impossible for fans to switch allegiances,[6] and unwritten conduct rules dictating that official club merchandise should normally be worn to games by a majority of fans,[7] allowing the teams themselves to raise prices as high as they feel like, knowing that their supporters have little choice but to keep buying.[citation needed]
^"University Times » Protest launched against journal publisher".
^Zigmont, Victoria A; Anziano, Jennifer; Schwartz, Elizabeth; Gallup, Peggy. "Captive Market Pricing and Lack of Transportation: A Survey of Undergraduate Food Insecurity at a Public University in New England: American Journal of Health Promotion". American Journal of Health Promotion. 37 (3): 313–323. doi:10.1177/08901171221127006. ISSN 0890-1171.
^Tobin, Damian (2023). "Captive markets and climate change: revisiting Edith Penrose's analysis of the international oil firms in the era of climate change". International Review of Applied Economics. 0 (0): 1–25. doi:10.1080/02692171.2023.2240272. ISSN 0269-2171. Retrieved 2024-04-19.
^"Jimmy Butler is charging $20 a cup from his NBA bubble coffee shop". ESPN. 2020-08-16. Retrieved 2023-07-17.
^Rick Duniec (January 2011). "Football Governance: Written evidence submitted by Rick Duniec (FG 72)". House of Commons. Retrieved 15 November 2014.
^Rupert Hawksley (26 February 2014). "Why aren't football fans allowed to swap teams?". The Daily Telegraph. Retrieved November 15, 2014.
^Bill Simmons (February 27, 2002). "Rules for being a true fan". ESPN. Retrieved November 15, 2014.
A captivemarket is a market where the potential consumers face a severely limited number of competitive suppliers; their only choices are to purchase...
Captive State is a 2019 American science fiction thriller film directed by Rupert Wyatt and co-written by Wyatt and Erica Beeney. The film stars John...
third-party outsourcing firms as opposed to captivemarkets. This event led to the perception of captivemarkets as being less efficient than third-party...
average market exchange rates. Some sources say that Russian and Chinese military spending are actually far higher than the chart due to captivemarkets and...
powerful corporate entity controlling a highly lucrative location and/or captivemarket (for example, a large sports stadium) in which prospective franchisors...
a market that is dominated by one firm or a few firms and implicit collusion between those firms. Often captive supply is called a beneficial market agreement...
risks, have direct access to reinsurance markets, and increase cash flow. When a company creates a captive they are indirectly able to evaluate the risks...
engineering"). Captive import arrangements are usually made to increase the competitiveness of the domestic brand by filling a perceived target market not currently...
referred to as Business Support Material (or "BSM"). BSM are promoted to a captivemarket represented by fellow IBOs ("Independent Business Owners") as well as...
pamphlet produced by the group argued the program promoted junk food to a captivemarket, made teachers into promoters for Pizza Hut, and undermined parents...
nanokakan (阿部定 ～最後の七日間～) in the role of Sada Abe, and the December 2012 CaptiveMarket (奴隷市, Dorei ichi) based on a novel by Oniroku Dan. Asami played the...
competitive activity is making inroads into market share or profits. Two-part pricing is a variant of captive-market pricing used in service industries. Two-part...
the market and restrict innovation. A monopoly would not like to invest more on research and development or innovation due to it already has a captive market...
large market and cotton resources. India served as both a significant supplier of raw goods to British manufacturers and a large captivemarket for British...
Alcon in North America, while Sony handled distribution in international markets. Principal photography took place mostly at two soundstages in Budapest...
operational tie ups within the parent company. Captive unit is one way of establishing presence in cheap labour markets such as China and India rather than outsourcing...
to bars, restaurants and major events. Usually this is because of a captivemarket and the need for overnight parking. Airports: In the United Kingdom...
At first, planners expected that colonies would provide an excellent captivemarket for manufactured items. Apart from the Indian subcontinent, this was...
Look up captive audience in Wiktionary, the free dictionary. Captive audience may refer to: Captive audience meeting, a mandatory meeting used by employers...
Global Information