The Herfindahl-Hirschman Index is
A)Used to identify cases worthy of antitrust concern.
B)A barrier to entry.
C)An example of government failure.
D)A way to account for the combined market share of the top four firms.

Question

Quizplus · Accepted Answer

The Herfindahl-Hirschman Index (HHI) is a measure used to determine market concentration and identify cases that may warrant antitrust concern. It helps in assessing the level of competition within an industry.

The Herfindahl-Hirschman Index Is