Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
market share
The percentage of the market for a product that a firm supplies, usu. calculated by dividing the firm's output by the total market output. ( In antitrust law, market share is used to measure a firm's market power, and if the share is high enough - generally 70% or more - then the firm may be guilty of monopolization. See MONOPOLIZATION. Cf. MARKET POWER.