Highlights
Question
In market regulation, the market concentration of firms is a key concept to understand in order to make informed decisions on potential market merger practices, and in assessing market vices such as collusion and price fixing. In literature, the most used measures of market concentration are the ‘Concentration Ratio’ and the Hirschman Herfindahl Index (HHI). Using the market of mobile network operators and the tertiary education sectors in Zambia, derive and discuss the two measures of market concentration.
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