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Mushroom Burger Co. and MAX foods corporation decide to merge. Mushroom Burger is the sole and exclusive burger company which uses mushroom as its main

Mushroom Burger Co. and MAX foods corporation decide to merge. Mushroom Burger is the sole and exclusive burger company which uses mushroom as its main ingredient hence, good for vegetarians . It has several stores in the country while MAX Foods is a leading burger company with its chain of stores in the country and abroad. They decided to merge in order for MAX Foods to broaden the burger selection in its stores in the country versus other competing chain of burger stores. The merger of these companies falls within the mandatory threshold amount under the Phil Competition Act. However , there was an opposition by certain sectors of the burger consumer group that the merger will reduce, restrict and prevent competition in the burger industry. Will the merger be approved by the Phil Competition Authority? Explain.

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