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Economics

Critique of Methods of Analysis in Researching Market Competition

For the sake reducing the rate by which the margin of irregularities could be adjusted accordingly, there were two methodologies used for this particular research. The first method used is the Herfindahl–Hirschman Index (HHI). According to the researchers [which was relatively given ample proof], this approach of measurement is widely used and accepted in the United States to identify market definition and differences of market acceptance based on the appreciation of the public and the sales rate that they receive based on their year-end income statements.