Question No. 2: Giant and Safeway have decided to merge. As a regulatory expert, they have asked you to assess the chances that the merger will receive regulatory approval. (In answering this question, you may "make up" data necessary as long as your data is plausible). a) Describe the concept the product market, and present your assessment of the proper product market b) Discuss how opponents of the merger might seek to define the product market differently. c) Describe the concept of the geographic market and present you assessment of the proper geographic market definition