Very high four-firm concentration ratios characterize the

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The beer industry is known for having very high four-firm concentration ratios, indicating a market that is dominated by a small number of large firms. This is due to factors such as economies of scale, brand recognition, and barriers to entry that make it difficult for new competitors to enter the market. In contrast, industries such as furniture and clothing tend to have lower concentration ratios, while the computer and peripherals industry is characterized by moderate concentration ratios.

Very High Four-Firm Concentration Ratios Characterize the