A merger is unlikely to be approved if _______.
A) it would or would be likely to substantially lessen competition
B) there are fewer than 6 firms in a market
C) the industry is government regulated
D) the good produced in the market has been deemed a necessity

Question

Quizplus · Accepted Answer

A merger that would or would be likely to substantially lessen competition is typically scrutinized and often not approved by regulatory bodies, as it can lead to monopolistic or oligopolistic market conditions, harming consumers.

A Merger Is Unlikely to Be Approved If _______