3. You consider an industry with numerous very small firms and five large firms. Their market shares are as follows: (7 points) Company A B D E Market Share 30% 15% 15% 5% 1% (a) (b) Companies A and B merge, what should the reaction of the DoJ be according to the Agency standards? Show your work. Consider now that the merger is between companies A and D. What should the reaction of the DoJ be according to the Agency standards? Show your work. Consider now that the merger is between companies A and E. What should the reaction of the DoJ be according to the Agency standards? Show your work. (C)