noun
- extremely large corporations or business entities that dominate their industries
Usage: business; economics
Examples
- The technology superfirms control most of the global market share.
- These superfirms have revenues that exceed the GDP of many countries.
- Regulators are concerned about the monopolistic power of superfirms.
- The merger would create one of the largest superfirms in the industry.
- Small competitors struggle to survive against these superfirms.
- Investment in superfirms often provides stable returns for shareholders.