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.
D
Economics
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What will be an ideal response?
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Charging a polluter a fee for each unit of pollution released is an example of
a. the market approach to environmental policy b. the polluter-pays principle c. the command-and-control approach to environmental policy d. (a) and (b) only
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