market share

market share
market share n: the percentage of the market for a product or service that a company supplies

Merriam-Webster’s Dictionary of Law. . 1996.

market share
This is an important concept in competition law. Some infringements of competition law are excused if the participants have a small share of the relevant market. But cartel activities (such as price fixing, market sharing and bid-rigging) are prohibited irrespective of the parties' market share.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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