Market failure is the inability of arm's length markets to deliverer goods or services. A multinational corporation's market internalization advantages may take advantage of market failure.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). market failure. Retrieved September 28, 2026, from http://smartdefine.org/market_failure/definitions/1157818 |
| Chicago | Barry Goldsmith. 2010. "market failure" http://smartdefine.org/market_failure/definitions/1157818 (accessed September 28, 2026). |
| Harvard | Barry Goldsmith 2010, market failure, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/market_failure/definitions/1157818>. |
| MLA | Barry Goldsmith. "market failure" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/market_failure/definitions/1157818> |