"Suppose you are an attorney representing two large corporations that filed for legislativeapproval to merge two companies that produce very similar products or services. The courtauthority tries to prevent the proposed merger on the grounds that the two companies, ifmerged, would occupy major market share with more market power to jack up the prices onconsumers. Given your knowledge on cross-price elasticity of demand, what would be yourevidence to argue against the court to make your case for merger approval?"