Market share

Question

"The competition seems to be fierce and government-controlled. The biggest three players in the market hold 90% of the market share." - Why does the conclusion says that 90% is controlled by largest 3 players when Graph shows 45% is held by other players. Am I missing anything?

Answer 1

Hi!

No you are not reading the graph in the correct way. The graph shows the following market shares:

Chinfoo 45%
VitaCo 25%
SupCo 20%
Other 10%

So the biggest 3 players indeed have 90% market share.

Cheers, Sidi

Answer 2

Have a look at diadram 2 - competition enviroment

Answer 3

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Answer 4

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