Mars, Mondelz, Nestl, Ferrero Top Chocolate Market Share In 2015, Mars topped the list in the global

Mars, Mondelēz, Nestlé, Ferrero Top Chocolate Market Share In 2015, Mars topped the list in the global chocolate market with approximately 14.4 percent market share followed by Mondelēz International with 13.8 percent. Nestlé and Ferrero’s shares accounted for approximately 10.6 and 9.35 percent, respectively. Calculate the four-firm concentration ratio and estimate a range for the HHI for the global chocolate market based on the data provided in this news clip.