Under what circumstances is a merger unlikely to be approved? Question content area bottom Part 1 A merger is unlikely to be approved when _______. A. the costs of the new merged firm are anticipated to be greater than the costs of the two original firms B. it prevents or lessens, or is likely to prevent or lessen competition substantially C. it creates an oligopoly D. the profit expected to be received by the newly merged firm in the year following the merger is greater than the profit made by the two firms proposing the merger in the year prior to the proposed merger