Concentrative Dominance
M. S. S. Namaki
Chapter 9 in Strategic Thinking for Turbulent Times, 2014, pp 77-80 from Palgrave Macmillan
Abstract:
Abstract Data support the notion that several industries are dominated, in the USA in the first place, by a limited number of players. This is recognized as concentration. It is the exercise of control over an industry by a limited number of players. Those could number, according to current standards, four or fewer. They share within them the fate of the industry in terms of market growth, technology development, pricing strategies, and global posture. They could be harmless, but they could also bring about a high measure of control that can go as far as future industry development and the kind of products and services that could be offered.
Keywords: Stock Return; Finance Industry; Industry Concentration; Strategic Thinking; Turbulent Time (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-41400-7_10
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DOI: 10.1057/9781137414007_10
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