The Application of Herfindahl-Hirschman Index in Measuring the Concentration Level of Financial-Technology Industry
- DOI
- 10.2991/aebmr.k.220501.002How to use a DOI?
- Keywords
- Herfindahl-Hirschman Index; Industry Concentration; Business Competition
- Abstract
The Herfindahl-Hirschman Index (HHI) is a tool for measuring industrial concentration. Industrial concentration is an indication of the occurrence of monopoly. Supervision of business competition is one of the tasks of the Indonesian Competition Commission (ICC) per the Law of the Republic of Indonesia Number 5 Year 1999. This research aimed to determine the effectiveness of the use of HHI in measuring the concentration of financial-technology industry. This research used normative and descriptive judicial research methods. This study examined several calculation patterns in using HHI. This research concluded that the financial-technology industry has a broad scope. Financial technology has a wide range of industries. Measurements based on financial technology are imprecise. Financial technology includes peer-to-peer lending, crowd funding, financial literacy, insurance, and others.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Suwinto Johan AU - Ivy Vania PY - 2022 DA - 2022/05/11 TI - The Application of Herfindahl-Hirschman Index in Measuring the Concentration Level of Financial-Technology Industry BT - Proceedings of the tenth International Conference on Entrepreneurship and Business Management 2021 (ICEBM 2021) PB - Atlantis Press SP - 8 EP - 11 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220501.002 DO - 10.2991/aebmr.k.220501.002 ID - Johan2022 ER -