Logan Bayless 15 mins · Lawrence, KS The U.S. agricultural sector suffers from abnormally high levels of concentration. Most economic sectors have concentration ratios around 40%, meaning that the top four firms in the industry control 40% of the market. If the concentration ratio is above 40%, experts believe competition can be threatened and market abuses are more likely to occur: the higher the number, the bigger the threat. The concentration ratios in the agricultural sector are shocking...
Posted on: Wed, 16 Jul 2014 03:03:12 +0000
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