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In Accordance with Their Merger Guidelines, the Justice Department and the Federal

Question 105

Multiple Choice

In accordance with their merger guidelines, the Justice Department and the Federal Trade Commission would probably challenge a merger if the


A) number of firms in the industry were very large.
B) industry had a Herfindahl-Hirschman index above 800 and the index rose by 80 points or more.
C) industry had a Herfindahl-Hirschman index above 1,800 and the index rose by 100 points or more.
D) industry had a Herfindahl-Hirschman index below 1,000.
E) firms' markets were very large.

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