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Engineering, 28.11.2019 04:31 courtnicollee

Use the market's hhi and the ftc's historical guidelines for mergers to answer the following question: suppose the top five firms in a market have market shares of 20%,15%,15%, 5% and 5% respectively. the remaining 40 firms in the market each have a market share of 1%. would the ftc be likely to approve a merger between the top two firms in this market?

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