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Herfindahl Index
An index determining the level of market concentration by aggregating the squared market shares of all companies in the sector.
Market Share
The fraction of a market occupied by an individual company or product, often described by its percentage of aggregate sales in the market.
Herfindahl Index
A measure of market concentration used to determine the amount of competition among firms within an industry.
Market Shares
The share of sales within an industry attributed to a certain company.
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