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There are 10 banks with the following market share: 20%, 16%, 11%, 10%, 10%, 10%, 10%, 6%, 4%, 3% There are two proposals for mergers:
There are 10 banks with the following market share:
20%, 16%, 11%, 10%, 10%, 10%, 10%, 6%, 4%, 3%
There are two proposals for mergers: The largest with the smallest and the second largest with the second smallest.
Will the Feds allow for both mergers to take place together? (Show your work to support your answer)
Will the Feds allow either merger if they are considered separately? (Show your work to support your answer)
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