MarketShare

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August 31, 2024 4 min read Definitions
Market Share: Understanding the Influence of Firms in a Market
Economics Finance MarketShare Competition MonopolyLegislation BusinessStrategy Economics
Market share refers to the percentage of a market accounted for by a specific entity, providing insights into the competitive landscape and influence of firms within a market. This concept plays a crucial role in monopoly legislation, competition assessments, and strategic business decisions.
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