Examlex
What are the two kinds of fraud in business?
Herfindahl Index
A measure of market concentration that sums the squares of the market shares of all firms in the industry.
Market Shares
The portion of a market controlled by a particular company or product, often expressed as a percentage.
Oligopoly
A market structure characterized by a small number of firms dominating the market, leading to limited competition.
Oligopolistic Firms
Companies operating in a market structure characterized by a small number of large firms that have significant control over market prices and competition levels.
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