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The banking market in Athens, Ohio, currently has four banks with market shares of 60 percent, 20 percent, 15 percent and 5 percent. The two

The banking market in Athens, Ohio, currently has four banks with market shares of 60 percent, 20 percent, 15 percent and 5 percent. The two smallest banks have proposed merging. Under the standard merger guidelines of the Federal Reserve and the Justice Department, is the merger likely to be approved? Why or why not? Show your work.

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