You work at a firm on Wall Street that specializes in mergers, and you are the team leader in charge of getting approval for a merger between two major beer manufacturers in the United States. While Table 7??2 in the text indicates that the four-firm concentration ratio for the 494 breweries operating in the United States is 91 percent, your team has put together a report suggesting that the merger does not present antitrust concerns even though the two firms each enjoy a 15 percent share of the U.S. market. Provide an outline of yourreport.

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Industry HHI (percentage) Breweries 91 NA Distilleries 79 2090 Electronic computers Fluid milk 2662 81 43 1060 Jewelry (excluding costume) Luggoge Men's and boys' cut and sew apparel Motor vehicles 195 22 34 580 777 2324 45 81 Ready-mix concrete Semiconductor and other electronic components Snack foods 11 63 35 495 2717 64 Soap and detergent Soft drinks 63 2308 52 896 Women's and girls' cut and sew apparel Source: Concentration Ratios: 2002, U.S. Bureau of the Census, 2006. 13 84 Note: The U.S. Bureau of the Census approxlmates the HHi by using only data on the op 50 frms in the Industry.