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4. The Herfindahl index and mergers Suppose that in the market for tires, market share is divided among six companies in the following manner: Firm
4. The Herfindahl index and mergers Suppose that in the market for tires, market share is divided among six companies in the following manner: Firm Market Share Michelin 82% Goodyear 8% Bridgestone 4% Continental 3% Yokohama 2% Cooper Tires 1% Based on the Herfindahl index of the market for tires, the FTC would a merger between Bridgestone and Continental
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