Which term refers to the concentration of market share in the hands of a few players?
A) distribution
B) adaptation
C) specialization
D) integration
E) consolidation

Question

Quizplus · Accepted Answer

Consolidation refers to the concentration of market share in the hands of a few players. This happens when smaller companies merge or are acquired by larger ones, resulting in fewer overall competitors in the market.

Which Term Refers to the Concentration of Market Share in the Hands