Essay
The table below shows the market shares of three industries. Use the FTC merger guidelines to determine whether the following changes in the industries would be permitted:
(A)Eight firms merge into one firm in industry A
(B)The largest firm merges with one of the smallest firm in industry B
(C)Three firms merge into one firm in industry C
Correct Answer:

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(A) The HHI for industry A is 1,000 befo...View Answer
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