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The Anti-Trust Department uses a concept known as the Concentration Ratio in order to determine if an industry should be categorized as an Oligopoly. If
The Anti-Trust Department uses a concept known as the "Concentration Ratio" in order to determine if an industry should be categorized as an Oligopoly. If the four largest firms in that industry control 40 percent or more of the market, then the Anti-Trust Department will label the the industry as an oligopoly. Group startsTrue or False
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