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  2. The European Commission, for instance, sets the following criteria to assess dominance: a firm with a market share of no more than 25% is not likely to enjoy a dominant position; a firm with market shares of over 40% raises concerns, and over 50% is said to have a dominant position if its market share has remained stable for a long time.
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  3. People also ask
    What is market dominance?Market dominance is the control of a economic market by a firm. A dominant firm possesses the power to affect competition and influence market price.
    What is market power & market dominance?A company, brand, product, or service that has a combined market share exceeding 60% most probably has market power and market dominance. A market share of over 35% but less than 60%, held by one brand, product or service, is an indicator of market strength but not necessarily dominance.
    How do we assess market dominance?We propose a new measure to assess market dominance. Contrary to concentration measures such as the Herfindahl–Hirschman index that characterizes the concentration of an industry, our dominance measure suggests an approach that classifies when an individual firm has a dominant position.
    What is the relationship between market share and market dominance?Although there are no hard and fast rules governing the relationship between market share and market dominance, the following are general criteria: A company, brand, product, or service that has a combined market share exceeding 60% most probably has market power and market dominance.
     
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