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Simple English definitions for legal terms

market share

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A quick definition of market share:

Market share refers to the portion or percentage of a particular market that a company or business supplies with its products or services. It is calculated by dividing the company's output by the total output of the market. In simpler terms, it is the amount of business a company has compared to its competitors in a specific market. Market share is important because it helps companies understand their position in the market and make decisions on how to improve their products or services to gain more customers.

A more thorough explanation:

Market share refers to the percentage of the total market for a particular product or service that a company supplies. It is calculated by dividing the company's output by the total market output.

For example, if a company produces 100 units of a product and the total market output is 1000 units, then the company's market share would be 10%.

Market share is often used in antitrust law to measure a company's market power. If a company's market share is high enough, usually 70% or more, it may be considered guilty of monopolization.

For instance, if a company has a market share of 80% in the smartphone industry, it may be accused of having too much control over the market and limiting competition.

market-recovery program | market-share liability

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TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
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