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Suppose the top five firms in a market have market shares of 23%,12%,8%, 7% and 5% respectively. The remaining 45 firms in the market each
Suppose the top five firms in a market have market shares of 23%,12%,8%, 7% and 5% respectively. The remaining 45 firms in the market each have a market share of 1%. Would the FTC be likely to approve a merger between the top two firms in this market? Select the correct answer below: Yes, the FTC would ignore the merger and allow it to go through. Maybe. The FTC would scrutinize the merger and make a case-by-case decision. ) No. the FTC would probably challenge the merger
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