what is an example of a price leader 
as mentioned above airlines can be good examples of price leaders the airline industry is typically dominated by a few big firms and there are high barriers to entry into the sector consequently airlines that dominate certain routes may be able to set prices as they wish if there isn t sufficient competition to challenge them the bottom lineprice leadership occurs in a market when a single firm is influential enough to set prices for goods and services other firms in a market usually have little choice but to follow a price leader s move price leadership can take many forms with the primary ones being barometric collusive and dominant 