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A market that has three firms with the following market shares: Firm A Firm B Firm C = 35% = 41% = 24% Suppose Firm
A market that has three firms with the following market shares: Firm A Firm B Firm C = 35% = 41% = 24% Suppose Firm B wants to acquire Firm C so that the post-acquisition market would exhibit the following shares: B+C = 65% A = 35% a. What is the pre- and postmerger HHI and the change in the HHI resulting from the merger? Premerger HHI Postmerger HHI Change in the HHI
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