An entry barrier based upon the disadvantage faced by a potential entrant
firm with a higher absolute cost per unit of output than that of
established firms.
A measure of the share of economic activity undertaken by the largest
firms in a region of the world, in an economy, or in some major
sector beyond traditional market or industry lines.
An entry barrier based upon the amount of money needed by a potential
entrant firm in order to compete adequately with the established
firms in an industry.
A measure that expresses the percentage share of some key variables such
as sales or assets accounted for by the largest firms.
The extent to which established firms in an industry are able to raise
prices and earn economic profit without attracting new firms
into that industry.
A merger that takes place when a firm acquires another firm engaged in a
different industry.
A measure of the control of economic activity in an industry, in a major
part of an economy, in a whole economy, or in a region of the
world.
The act of coming into an industry by a new firm, which adds capacity to
that industry.
A merger that takes place when a firm acquires another firm that is in
the same business activity and on the same level but is serving
a different geographic market.
A measure of market concentration that includes all of the firms in a
market and gives proportionately greater weight to the market
shares of the larger firms in the market.
A merger in which a firm acquires another firm engaged in the same
activity, operating on the same level, and serving the same
geographic market.
A form of speculation through acquisition in which investors rely al most
entirely on debt financing to acquire a company.
The number and size distribution of firms in a specific industry or
market.
The acquisition of another company.
An entry barrier based upon the degree of downward pressure on market
price that would be caused by the additional output supplied by
an entrant operating at minimum optimal scale.
The likelihood of entry into an industry.
An entry barrier based upon the degree to which established firms in an
industry have successfully differentiated their products.
A merger that occurs when a firm acquires another firm in an allied
industry.
An interindustry merger that is neither product extension nor market
extension.
Industry definitions used by the U.S. Bureau of the Census that use
numerical codes to group industries and products.
The difference between the value of materials that a firm buys and the
value of what it sells.
A merger that occurs between companies at different levels of a
particular business activity.
