Market concentration
Market concentration
Glossary of business
Definition of market concentration
Market concentration is a measure of how competitive a market may be. It measures the market share of the largest firms in the industry. For example, a 3 firm market concentration ratio of 65% indicates that the largest three firms in the market have 65% market share. This indicates an oligopolistic market.
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Terminology about business
Job world
Definition and meaning of market concentration
Meaning of market concentration
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