According to current Justice Department guidelines, any industry with a Herfindahl-Hirschman Index under _______ would be considered to be unconcentrated.
A) 1,000
B) 4,000
C) 8,000
D) 10,000

Question

Quizplus · Accepted Answer

The Herfindahl-Hirschman Index (HHI) is a measure of market concentration, and according to current Justice Department guidelines, an industry with an HHI under 1,000 is considered to be unconcentrated. This indicates a competitive marketplace with many players having relatively equal shares.

According to Current Justice Department Guidelines, Any Industry with a Herfindahl-Hirschman