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Industrial concentration |
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Industrial concentrationThe extent to which a small number of firms dominates an industry, often measured by the four-firm concentration ratio. Concentration is, in effect, the opposite of competition, though in an open economy imports complicate the relationship.Similar MatchesConcentrationConcentrationSee industrial concentration. Concentration servicesConcentration servicesMovement of cash from different lockbox locations into a single concentration account from which disbursements and investments are made. Concentration accountConcentration accountA single centralized account into which funds collected at regional locations (lockboxes) are transferred. Four-firm concentration ratioFour-firm concentration ratioThe percent of an industry's sales that accrue to the largest four firms, a measure of industrial concentration. |
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