In order to calculate the HHI, the government must first define the relevant market.

Name: In order to calculate the HHI, the government must first define the relevant market.
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The Herfindahl-Hirschman Index (HHI) requires the definition of the relevant market because it calculates market concentration by summing the squares of the market shares of all firms within that market. Defining the market is crucial to accurately assess competition and concentration levels.

In Order to Calculate the HHI, the Government Must First