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When Mattel proposed acquiring Fisher-Price, the infant/preschool toy market four-firm concentration ratio was 72 percent. With 8 percent of the market, Mattel was the fourth-largest

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When Mattel proposed acquiring Fisher-Price, the infant/preschool toy market four-firm concentration ratio was 72 percent. With 8 percent of the market, Mattel was the fourth-largest firm in that market. Mattel proposed to buy Fisher-Price, the market leader with 27 percent. A. Why would Mattel want to buy Fisher-Price? B. What arguments can you think of in favor of allowing this acquisition? C. What arguments can you think of against allowing this acquisition? D. How do you think the four-firm concentration ratio for the entire toy industry would compare to this infant/preschool toy market concentration ratio

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