-How Do You Think the Department of Justice (DOJ) Would

Multiple Choice

$$\begin{array} { | c | r | } \hline \text { Bank } & \text { Asset Size } \\\hline 1 & \text { \$100 million } \\\hline 2 & \text { \$200 million } \\\hline 3 & \text { \$500 million } \\\hline\end{array}$$
-How do you think the Department of Justice (DOJ) would characterize this market before the merger and which merger is more likely to be approved?

A) This is a competitive market and either merger will be acceptable to the DOJ.
B) This is a concentrated market and neither merger will be acceptable to the DOJ.
C) This is a concentrated market, but the merger between Banks 1 and 3 is more likely to be acceptable to the DOJ.
D) This is a competitive market, but the merger between Banks 1 and 2 is more likely to be acceptable to the DOJ.
E) This is a moderately concentrated market, but the merger between Banks 1 and 3 is more likely to be acceptable to the DOJ.