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Philadelphia National Bank established a rebuttable presumption that a merger creating a combined firm with at least 30% market share must be enjoined in the
Philadelphia National Bank established a rebuttable presumption that a merger creating a combined firm with at least 30% market share "must be enjoined in the absence of evidence clearly showing that the merger is not likely to have such anticompetitive effects." Identify one pro and con for using such structural presumptions in analyzing market impact.
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