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Top companies have grabbed a bigger pie of their sectors in the pandemic period, leading to a further rise in market concentration in many industries as measured by the Herfindahl-Hirschman Index (HHI).
The HHI score, which indicates competitive intensity in an industry (or a lack of it), reached a new high in FY21 as bigger firms raised their revenue market shares either organically or through mergers and acquisitions.
A higher HHI score indicates a rise in market concentration in favour of a few firms while a lower score means that the industry’s revenue is more evenly divided among
The HHI score, which indicates competitive intensity in an industry (or a lack of it), reached a new high in FY21 as bigger firms raised their revenue market shares either organically or through mergers and acquisitions.
A higher HHI score indicates a rise in market concentration in favour of a few firms while a lower score means that the industry’s revenue is more evenly divided among
