Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics

Vinod Prakash

Abstract

The only measure of productwise concentration used in the recently published report of the Monopolies Inquiry Commission is the 'degree of concentration' defined by the extent of the percentage share of top three producers (enterprises) in the production of a commodity. This index is insensitive to the size-pattern of the top three or of the remaining enterprises, and so seriously limits the utility of the study.

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Vinod Prakash

Abstract

After giving the industrial groupwise (descriptive) summary of about 1300 indigenously manufactured products, the Monopolies Inquiry Commission proceeds, in its report, to state the concentration position of "about 100 products specially selected in view of their importance to the ordinary consumer". This statement is followed by a statistical table containing exactly 100 products with the percentage share (in production) of top three enterprises along with the degree of concentration "H, M, L or N" and the number of enterprises.

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