{"license":"https://creativecommons.org/licenses/by/4.0/","dataset":"signals","count":15,"updatedThrough":"2026-07-21","summary":{"concentrationSignalCount":15,"decreasedCount":7,"domainCount":1,"earliestPriorYear":1995,"entityCount":7,"increasedCount":8,"latestSourceAccessDate":"2026-07-21","latestYear":2026,"dynamismSignalCount":0,"geographySignalCount":0,"marketSignalCount":15,"mergerSignalCount":0,"sectorSignalCount":0,"signalCount":15,"sourceCount":7,"unchangedCount":0},"universeSummary":{"concentrationSignalCount":38,"decreasedCount":26,"domainCount":5,"earliestPriorYear":1995,"entityCount":32,"increasedCount":19,"latestSourceAccessDate":"2026-07-21","latestYear":2026,"dynamismSignalCount":6,"geographySignalCount":6,"marketSignalCount":15,"mergerSignalCount":2,"sectorSignalCount":17,"signalCount":46,"sourceCount":12,"unchangedCount":1},"guardrail":"Every signal compares declared observed anchors inside the same series or cross-section. Missing years are not interpolated, intervals are not annualized, and market, industry, geographic, business-flow, and merger measures keep separate units, universes, period bases, and legal meanings. Antitrust Radar does not combine them into a composite competition score.","filters":{"direction":"all","directionMatched":true,"domain":"markets","domainMatched":true,"lens":"all","lensMatched":true,"metric":"all","metricMatched":true,"query":"","signal":null,"signalMatched":true},"activeSignalId":"market-cr4:us-steer-heifer-meatpacking-purchases","metrics":[{"id":"market-hhi","label":"Defined-market HHI","lens":"concentration","unit":"hhi_points"},{"id":"market-cr4","label":"Defined-market CR4","lens":"concentration","unit":"percentage_points"},{"id":"market-leader-share","label":"Leading-participant share","lens":"concentration","unit":"percentage_points"},{"id":"industry-median-hhi","label":"Detailed-industry median HHI","lens":"concentration","unit":"hhi_points"},{"id":"state-bank-median-hhi","label":"Median statewide bank-deposit HHI","lens":"concentration","unit":"hhi_points"},{"id":"national-bank-deposit-hhi","label":"National bank-deposit HHI","lens":"concentration","unit":"hhi_points"},{"id":"fixed-broadband-hhi","label":"Fixed broadband HHI by geographic scale","lens":"concentration","unit":"hhi_points"},{"id":"establishment-entry-rate","label":"Establishment entry rate","lens":"activity","unit":"percentage_points"},{"id":"establishment-exit-rate","label":"Establishment exit rate","lens":"activity","unit":"percentage_points"},{"id":"job-creation-rate","label":"Job creation rate","lens":"activity","unit":"percentage_points"},{"id":"job-destruction-rate","label":"Job destruction rate","lens":"activity","unit":"percentage_points"},{"id":"net-job-creation-rate","label":"Net job creation rate","lens":"activity","unit":"percentage_points"},{"id":"reallocation-rate","label":"Excess job reallocation rate","lens":"activity","unit":"percentage_points"},{"id":"hsr-transactions","label":"HSR transactions reported","lens":"activity","unit":"count"},{"id":"hsr-second-request-rate","label":"HSR Second Request rate","lens":"activity","unit":"percentage_points"}],"rows":[{"id":"market-cr4:us-steer-heifer-meatpacking-purchases","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-meatpacking","entityCode":"us-steer-heifer-meatpacking-purchases","entityLabel":"Beef meatpacking","metricId":"market-cr4","metricLabel":"Four-participant concentration ratio","unit":"percentage_points","periodBasis":"calendar_year","priorYear":1995,"priorPeriod":"1995","priorValue":81,"priorSourceId":"usda-ers-meatpacking-2024","latestYear":2019,"latestPeriod":"2019","latestValue":85,"latestSourceId":"usda-ers-meatpacking-2024","yearsBetween":24,"delta":4,"deltaPercent":4.9,"direction":"increased","evidenceCount":3,"evidenceLabel":"3 observed anchors / 1980-2019","dataStatus":"verified","confidenceLevel":"high","sourceCount":1,"sourceIds":["usda-ers-meatpacking-2024"],"publishers":["U.S. Department of Agriculture Economic Research Service"],"latestSourceAccessDate":"2026-07-19","observation":"Beef meatpacking moved from 81.0% in 1995 to 85.0% in 2019 (+4.00 percentage points).","interpretation":"The latest encoded CR4 anchor is higher within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which participant-share changes account for the structural movement, and are the denominator and coverage stable across both anchors?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented usda-reported share of steer and heifer purchases handled by the four largest beef packers boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-steer-heifer-meatpacking-purchases","explorerHref":"/trends?markets=us-steer-heifer-meatpacking-purchases&metric=cr4","monitorHref":"/economy/monitor?signal=market-cr4%3Aus-steer-heifer-meatpacking-purchases#competition-monitor-console"},{"id":"market-cr4:us-browser-usage","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-browser","entityCode":"us-browser-usage","entityLabel":"Browsers","metricId":"market-cr4","metricLabel":"Four-participant concentration ratio","unit":"percentage_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":93.61,"priorSourceId":"statcounter-browser-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":93.76,"latestSourceId":"statcounter-browser-us-2026","yearsBetween":1,"delta":0.15,"deltaPercent":0.2,"direction":"increased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"low","sourceCount":1,"sourceIds":["statcounter-browser-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-17","observation":"Browsers moved from 93.6% in 2025 to 93.8% in 2026 (+0.15 percentage points).","interpretation":"The latest encoded CR4 anchor is higher within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which participant-share changes account for the structural movement, and are the denominator and coverage stable across both anchors?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter browser page-view usage share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-browser-usage","explorerHref":"/trends?markets=us-browser-usage&metric=cr4","monitorHref":"/economy/monitor?signal=market-cr4%3Aus-browser-usage#competition-monitor-console"},{"id":"market-hhi:us-browser-usage","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-browser","entityCode":"us-browser-usage","entityLabel":"Browsers","metricId":"market-hhi","metricLabel":"Herfindahl-Hirschman Index","unit":"hhi_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":3720,"priorSourceId":"statcounter-browser-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":3612,"latestSourceId":"statcounter-browser-us-2026","yearsBetween":1,"delta":-108,"deltaPercent":-2.9,"direction":"decreased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"medium","sourceCount":1,"sourceIds":["statcounter-browser-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-17","observation":"Browsers moved from 3,720 in 2025 to 3,612 in 2026 (-108.0 HHI points).","interpretation":"The latest encoded HHI anchor is lower within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which entry, exit, share, switching, price, quality, or capacity evidence can explain the movement inside this exact market boundary?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter browser page-view usage share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-browser-usage","explorerHref":"/trends?markets=us-browser-usage&metric=hhi","monitorHref":"/economy/monitor?signal=market-hhi%3Aus-browser-usage#competition-monitor-console"},{"id":"market-leader-share:us-browser-usage","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-browser","entityCode":"us-browser-usage","entityLabel":"Browsers","metricId":"market-leader-share","metricLabel":"Leading-participant share","unit":"percentage_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":52.32,"priorSourceId":"statcounter-browser-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":50.03,"latestSourceId":"statcounter-browser-us-2026","yearsBetween":1,"delta":-2.29,"deltaPercent":-4.4,"direction":"decreased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"low","sourceCount":1,"sourceIds":["statcounter-browser-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-17","observation":"Browsers moved from 52.3% in 2025 to 50.0% in 2026 (-2.29 percentage points).","interpretation":"The latest encoded Leader share anchor is lower within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which participant-share changes account for the structural movement, and are the denominator and coverage stable across both anchors?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter browser page-view usage share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-browser-usage","explorerHref":"/trends?markets=us-browser-usage&metric=leaderShare","monitorHref":"/economy/monitor?signal=market-leader-share%3Aus-browser-usage#competition-monitor-console"},{"id":"market-hhi:us-fixed-broadband-access","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-fixed-broadband","entityCode":"us-fixed-broadband-access","entityLabel":"Fixed broadband","metricId":"market-hhi","metricLabel":"Herfindahl-Hirschman Index","unit":"hhi_points","periodBasis":"calendar_year","priorYear":2023,"priorPeriod":"2023","priorValue":1195,"priorSourceId":"fcc-internet-access-dec-2024","latestYear":2024,"latestPeriod":"2024","latestValue":1501,"latestSourceId":"fcc-internet-access-dec-2024","yearsBetween":1,"delta":306,"deltaPercent":25.6,"direction":"increased","evidenceCount":5,"evidenceLabel":"5 observed anchors / 2020-2024","dataStatus":"verified","confidenceLevel":"high","sourceCount":1,"sourceIds":["fcc-internet-access-dec-2024"],"publishers":["Federal Communications Commission"],"latestSourceAccessDate":"2026-07-21","observation":"Fixed broadband moved from 1,195 in 2023 to 1,501 in 2024 (+306.0 HHI points).","interpretation":"The latest encoded HHI anchor is higher within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which entry, exit, share, switching, price, quality, or capacity evidence can explain the movement inside this exact market boundary?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented fcc source-reported provider-share hhi for qualifying residential fixed connections boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-fixed-broadband-access","explorerHref":"/trends?markets=us-fixed-broadband-access&metric=hhi","monitorHref":"/economy/monitor?signal=market-hhi%3Aus-fixed-broadband-access#competition-monitor-console"},{"id":"market-cr4:us-mobile-operating-system-usage","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-mobile-os","entityCode":"us-mobile-operating-system-usage","entityLabel":"Mobile operating systems","metricId":"market-cr4","metricLabel":"Four-participant concentration ratio","unit":"percentage_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":99.96,"priorSourceId":"statcounter-mobile-os-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":100,"latestSourceId":"statcounter-mobile-os-us-2026","yearsBetween":1,"delta":0.04,"deltaPercent":0,"direction":"increased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"medium","sourceCount":1,"sourceIds":["statcounter-mobile-os-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-20","observation":"Mobile operating systems moved from 100.0% in 2025 to 100.0% in 2026 (+0.04 percentage points).","interpretation":"The latest encoded CR4 anchor is higher within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which participant-share changes account for the structural movement, and are the denominator and coverage stable across both anchors?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter mobile operating-system page-view share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-mobile-operating-system-usage","explorerHref":"/trends?markets=us-mobile-operating-system-usage&metric=cr4","monitorHref":"/economy/monitor?signal=market-cr4%3Aus-mobile-operating-system-usage#competition-monitor-console"},{"id":"market-hhi:us-mobile-operating-system-usage","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-mobile-os","entityCode":"us-mobile-operating-system-usage","entityLabel":"Mobile operating systems","metricId":"market-hhi","metricLabel":"Herfindahl-Hirschman Index","unit":"hhi_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":5094,"priorSourceId":"statcounter-mobile-os-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":5337,"latestSourceId":"statcounter-mobile-os-us-2026","yearsBetween":1,"delta":243,"deltaPercent":4.8,"direction":"increased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"medium","sourceCount":1,"sourceIds":["statcounter-mobile-os-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-20","observation":"Mobile operating systems moved from 5,094 in 2025 to 5,337 in 2026 (+243.0 HHI points).","interpretation":"The latest encoded HHI anchor is higher within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which entry, exit, share, switching, price, quality, or capacity evidence can explain the movement inside this exact market boundary?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter mobile operating-system page-view share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-mobile-operating-system-usage","explorerHref":"/trends?markets=us-mobile-operating-system-usage&metric=hhi","monitorHref":"/economy/monitor?signal=market-hhi%3Aus-mobile-operating-system-usage#competition-monitor-console"},{"id":"market-leader-share:us-mobile-operating-system-usage","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-mobile-os","entityCode":"us-mobile-operating-system-usage","entityLabel":"Mobile operating systems","metricId":"market-leader-share","metricLabel":"Leading-participant share","unit":"percentage_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":57.6,"priorSourceId":"statcounter-mobile-os-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":63.08,"latestSourceId":"statcounter-mobile-os-us-2026","yearsBetween":1,"delta":5.48,"deltaPercent":9.5,"direction":"increased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"medium","sourceCount":1,"sourceIds":["statcounter-mobile-os-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-20","observation":"Mobile operating systems moved from 57.6% in 2025 to 63.1% in 2026 (+5.48 percentage points).","interpretation":"The latest encoded Leader share anchor is higher within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which participant-share changes account for the structural movement, and are the denominator and coverage stable across both anchors?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter mobile operating-system page-view share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-mobile-operating-system-usage","explorerHref":"/trends?markets=us-mobile-operating-system-usage&metric=leaderShare","monitorHref":"/economy/monitor?signal=market-leader-share%3Aus-mobile-operating-system-usage#competition-monitor-console"},{"id":"market-cr4:us-search-engine-usage","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-search","entityCode":"us-search-engine-usage","entityLabel":"Search engines","metricId":"market-cr4","metricLabel":"Four-participant concentration ratio","unit":"percentage_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":99.41,"priorSourceId":"statcounter-search-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":99.39,"latestSourceId":"statcounter-search-us-2026","yearsBetween":1,"delta":-0.02,"deltaPercent":0,"direction":"decreased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"low","sourceCount":1,"sourceIds":["statcounter-search-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-17","observation":"Search engines moved from 99.4% in 2025 to 99.4% in 2026 (-0.02 percentage points).","interpretation":"The latest encoded CR4 anchor is lower within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which participant-share changes account for the structural movement, and are the denominator and coverage stable across both anchors?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter search engine referral usage share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-search-engine-usage","explorerHref":"/trends?markets=us-search-engine-usage&metric=cr4","monitorHref":"/economy/monitor?signal=market-cr4%3Aus-search-engine-usage#competition-monitor-console"},{"id":"market-hhi:us-search-engine-usage","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-search","entityCode":"us-search-engine-usage","entityLabel":"Search engines","metricId":"market-hhi","metricLabel":"Herfindahl-Hirschman Index","unit":"hhi_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":7589,"priorSourceId":"statcounter-search-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":7359,"latestSourceId":"statcounter-search-us-2026","yearsBetween":1,"delta":-230,"deltaPercent":-3,"direction":"decreased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"medium","sourceCount":1,"sourceIds":["statcounter-search-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-17","observation":"Search engines moved from 7,589 in 2025 to 7,359 in 2026 (-230.0 HHI points).","interpretation":"The latest encoded HHI anchor is lower within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which entry, exit, share, switching, price, quality, or capacity evidence can explain the movement inside this exact market boundary?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter search engine referral usage share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-search-engine-usage","explorerHref":"/trends?markets=us-search-engine-usage&metric=hhi","monitorHref":"/economy/monitor?signal=market-hhi%3Aus-search-engine-usage#competition-monitor-console"},{"id":"market-leader-share:us-search-engine-usage","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-search","entityCode":"us-search-engine-usage","entityLabel":"Search engines","metricId":"market-leader-share","metricLabel":"Leading-participant share","unit":"percentage_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":86.71,"priorSourceId":"statcounter-search-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":85.16,"latestSourceId":"statcounter-search-us-2026","yearsBetween":1,"delta":-1.55,"deltaPercent":-1.8,"direction":"decreased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"low","sourceCount":1,"sourceIds":["statcounter-search-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-17","observation":"Search engines moved from 86.7% in 2025 to 85.2% in 2026 (-1.55 percentage points).","interpretation":"The latest encoded Leader share anchor is lower within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which participant-share changes account for the structural movement, and are the denominator and coverage stable across both anchors?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter search engine referral usage share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-search-engine-usage","explorerHref":"/trends?markets=us-search-engine-usage&metric=leaderShare","monitorHref":"/economy/monitor?signal=market-leader-share%3Aus-search-engine-usage#competition-monitor-console"},{"id":"market-cr4:us-social-media-referral-traffic","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-social-referral","entityCode":"us-social-media-referral-traffic","entityLabel":"Social referrals","metricId":"market-cr4","metricLabel":"Four-participant concentration ratio","unit":"percentage_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":95.09,"priorSourceId":"statcounter-social-referral-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":94.38,"latestSourceId":"statcounter-social-referral-us-2026","yearsBetween":1,"delta":-0.71,"deltaPercent":-0.7,"direction":"decreased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"medium","sourceCount":1,"sourceIds":["statcounter-social-referral-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-20","observation":"Social referrals moved from 95.1% in 2025 to 94.4% in 2026 (-0.71 percentage points).","interpretation":"The latest encoded CR4 anchor is lower within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which participant-share changes account for the structural movement, and are the denominator and coverage stable across both anchors?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter all-platform social-media referral share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-social-media-referral-traffic","explorerHref":"/trends?markets=us-social-media-referral-traffic&metric=cr4","monitorHref":"/economy/monitor?signal=market-cr4%3Aus-social-media-referral-traffic#competition-monitor-console"},{"id":"market-hhi:us-social-media-referral-traffic","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-social-referral","entityCode":"us-social-media-referral-traffic","entityLabel":"Social referrals","metricId":"market-hhi","metricLabel":"Herfindahl-Hirschman Index","unit":"hhi_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":3804,"priorSourceId":"statcounter-social-referral-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":4995,"latestSourceId":"statcounter-social-referral-us-2026","yearsBetween":1,"delta":1191,"deltaPercent":31.3,"direction":"increased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"medium","sourceCount":1,"sourceIds":["statcounter-social-referral-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-20","observation":"Social referrals moved from 3,804 in 2025 to 4,995 in 2026 (+1,191.0 HHI points).","interpretation":"The latest encoded HHI anchor is higher within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which entry, exit, share, switching, price, quality, or capacity evidence can explain the movement inside this exact market boundary?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter all-platform social-media referral share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-social-media-referral-traffic","explorerHref":"/trends?markets=us-social-media-referral-traffic&metric=hhi","monitorHref":"/economy/monitor?signal=market-hhi%3Aus-social-media-referral-traffic#competition-monitor-console"},{"id":"market-leader-share:us-social-media-referral-traffic","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-social-referral","entityCode":"us-social-media-referral-traffic","entityLabel":"Social referrals","metricId":"market-leader-share","metricLabel":"Leading-participant share","unit":"percentage_points","periodBasis":"calendar_year","priorYear":2025,"priorPeriod":"2025","priorValue":57.45,"priorSourceId":"statcounter-social-referral-us-2026","latestYear":2026,"latestPeriod":"2026","latestValue":68.94,"latestSourceId":"statcounter-social-referral-us-2026","yearsBetween":1,"delta":11.49,"deltaPercent":20,"direction":"increased","evidenceCount":4,"evidenceLabel":"4 observed anchors / 2023-2026","dataStatus":"estimated_public","confidenceLevel":"medium","sourceCount":1,"sourceIds":["statcounter-social-referral-us-2026"],"publishers":["StatCounter Global Stats"],"latestSourceAccessDate":"2026-07-20","observation":"Social referrals moved from 57.5% in 2025 to 68.9% in 2026 (+11.49 percentage points).","interpretation":"The latest encoded Leader share anchor is higher within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which participant-share changes account for the structural movement, and are the denominator and coverage stable across both anchors?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented statcounter all-platform social-media referral share boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-social-media-referral-traffic","explorerHref":"/trends?markets=us-social-media-referral-traffic&metric=leaderShare","monitorHref":"/economy/monitor?signal=market-leader-share%3Aus-social-media-referral-traffic#competition-monitor-console"},{"id":"market-hhi:us-mobile-wireless-service","domain":"markets","domainLabel":"Defined markets","lens":"concentration","entityId":"mkt-wireless","entityCode":"us-mobile-wireless-service","entityLabel":"Wireless service","metricId":"market-hhi","metricLabel":"Herfindahl-Hirschman Index","unit":"hhi_points","periodBasis":"calendar_year","priorYear":2021,"priorPeriod":"2021","priorValue":3596,"priorSourceId":"fcc-2024-cmr","latestYear":2023,"latestPeriod":"2023","latestValue":3550,"latestSourceId":"fcc-2024-cmr","yearsBetween":2,"delta":-46,"deltaPercent":-1.3,"direction":"decreased","evidenceCount":3,"evidenceLabel":"3 observed anchors / 2017-2023","dataStatus":"verified","confidenceLevel":"high","sourceCount":1,"sourceIds":["fcc-2024-cmr"],"publishers":["Federal Communications Commission"],"latestSourceAccessDate":"2026-05-16","observation":"Wireless service moved from 3,596 in 2021 to 3,550 in 2023 (-46.0 HHI points).","interpretation":"The latest encoded HHI anchor is lower within this documented market series. The change alone does not identify a cause or establish competitive harm.","researchQuestion":"Which entry, exit, share, switching, price, quality, or capacity evidence can explain the movement inside this exact market boundary?","comparisonNote":"Latest observed anchor versus the immediately preceding observed anchor; intervening years are not estimated.","guardrail":"This is a within-profile comparison governed by the documented fcc source-reported hhi by economic area boundary. It is not annualized and should not be compared as a common national series with differently defined markets.","entityHref":"/markets/us-mobile-wireless-service","explorerHref":"/trends?markets=us-mobile-wireless-service&metric=hhi","monitorHref":"/economy/monitor?signal=market-hhi%3Aus-mobile-wireless-service#competition-monitor-console"}]}