Multiple Choice
Paul Bergen and Virginia Clancy each own a 100-acre soybean farm in Soyburg, Illinois. Together they grow 1/1000th of 1 percent of the nation's soybeans. When they merge, it will:
A) attract the attention of the Federal Trade Commission.
B) be a horizontal merger.
C) reduce competition in the soy market.
D) increase the market power of Paul and Virginia.
Correct Answer:
Verified
Correct Answer:
Verified
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