Examlex
________ is a new data analysis technology that finds hidden connections between data in disparate sources.
Concentration Ratio
A measure used in economics to assess the extent of market control by the top firms in an industry.
Oligopolies
A market structure characterized by a small number of large firms that dominate the market, often leading to limited competition and higher prices.
Collusion
An agreement, often illegal, between firms to limit competition by fixing prices, dividing markets, or coordinating production.
Concentration Ratio
A measure of the total output produced in an industry by a given number of firms, usually the largest in the industry, indicating the degree of market concentration.
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