Wong Tan&Fong has28 percent of the clientsrepersenting 24 percent of audit fees ih the property industry. There are two [pssob;e implicaations of bring a non-big 6 indrstry specialist. First, if market share arises form greater investment in industry-specific expertise, the we might expect kwtf to mimic big6 specialistsand charge higher fees than their non-big 6 competitors who are not specialists. this argument of course assumes there is a clientele willing to pay a premium fpr this quality-differentiated product. however, there coule also be a clientele that simply demands the lowest-priced audit available (irrespective of quality).asnoted in craswell et al. (1995),large clienteles can lead to production economies in whish case a non-big 6 specialist might discount servicesrather than charge a premium, particulary since it cannot build a claim to industry expertise ontop of brand-name reputation like a big 6 firmcan. thus there are several reasons whw a non-big 6 industry specialist may not mimic thepricing behavior of its big 6 cpmpetitors.