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Suppose That in an Industry, Firm X Has 50 Percent

Question 186

Multiple Choice

Suppose that in an industry, firm X has 50 percent market share, firm Y has 35 percent market share, and firm Z has 10 percent market share. Which of the following mergers is NOT likely to be challenged by the Federal Trade Commission?


A) a merger between firms X and Y
B) a merger between firms Y and Z
C) a merger between firms X and Z
D) Any merger of two firms among those firms is likely to be challenged.

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