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Title |
Industrial Concentration
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Author |
Thomas W. Gilligan |
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Category
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Industrial Organization
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Type |
Article |
Description |
Industrial concentration occurs when a small number of companies sell a large percentage of an industry's product. The most widely used measure of concentration is the so-called four-firm concentration ratio, which is the percentage of the industry's product sold by the four largest producers. |
URL |
http://www.econlib.org/library/Enc/IndustrialConcentration.html |
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