Select merger which has been approved by the Federal Trade Commission (FTC) in the last five years; describe and analyze the impact of those mergers, on industry, on consumers, and on society as a whole.

Requirement:

Write a paper that describes the principle firms, their industry, and that summarizes arguments in support of the merger and arguments opposing the merger. Consider the following: Describe the firms in the proposed merger. Create a list of their annual sales, and extent of their operations. From the firms' point of view, what are some of the incentives to consolidate? Describe the competitive environment within the industry. Explain whether the competitive environment in this industry benefits society or not. Is a high degree of market concentration a boon or threat to consumers? Explain. How would the merger benefit the firms? Would it is beneficial to society or not? Explain.