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Over-all Concentration, Conglomerate Bigness and the Largest European Corporations

  • Alexis P. Jacquemin
  • Henry W. De Jong
Chapter
Part of the Problems of Economic Integration book series (PEI)

Abstract

It has often been stated that the absolute size of a firm is irrelevant to the question of competition and that there is no or little connection between the aggregate level of concentration and the level of concentration in individual markets; and while concentration ratios within particular industries are accepted as conventional indicators of market power, the use of measures of over-all concentration has been viewed with suspicion. Over-all (or aggregate) concentration is defined as being the proportion of some aggregate of economic activity accounted for by a relatively small number of the largest firms taken together.

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Copyright information

© Alexis P. Jacquemin and Henry W. de Jong 1977

Authors and Affiliations

  • Alexis P. Jacquemin
    • 1
  • Henry W. De Jong
    • 2
  1. 1.University of LouvainBelgium
  2. 2.Netherlands School of BusinessNetherlands

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