Market concentration refers to the extent to which a small number of organisations account for a large proportion of the market. For example, banking, petrol retailing and car manufacture are all dominated by a few large players. In such oligopolies the level of market concentration is high: the combined market share of the top four players may exceed 90% of the total market. See also Market, Structure and Oligopoly.« Back to Glossary Index
Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.