The Level Of Concentration Is High - 1314 Words

With my research I found that the level of concentration is high enough to suggest that some markets within the construction industry can be considered oligopolistic. It is important to remember that the market structure is only one characteristic of various factors which affects the performance of firms concerned. My research found that within the Materials and components grouping 13/24 markets are oligopolistic. 2/9 is oligopolistic within the Professional consultancy, 2/11 within Plant and equipment and 6/10 in the Energy and supplies group. This helps me to conclude my thoughts in that the level of concentration is high enough to suggest that some markets within the construction industry can be considered oligopolistic. Commercial confidentiality has been a factor in my research as it has prevented me from gaining full access and data required to fully investigate the matter at hand. Therefore some information for certain groupings has been withheld to prevent commercially sensitive data collected by the ONS to be made available to competitors. When this occurs, it is usually a taken as the market being fairly concentrated. There are some obvious irregularities such as ‘Agriculture’ which is listed as ‘not available’ regardless of the fact that it is included within the list of 10 least concentrated sectors. Within the Materials and components group, concrete and stone products are seen to be the largest single sector which is supplying materials to construction.Show MoreRelatedConcentration Levels Of High School Students Chewing Gum Versus Non Chewers1215 Words   |  5 PagesAbstract: The purpose of this experiment was the find the difference between concentration levels of high school students chewing gum versus non-chewers. The concentration portion provided students with two color tests to take to record differences in concentration. 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