Bank mergers cannot be approved in the U.S. even if competition is only slightly damaged.

Question

Quizplus · Accepted Answer

Bank mergers in the U.S. can be approved even if competition is slightly affected, as long as the overall benefits of the merger, such as increased efficiency or better services, outweigh the potential negative impacts on competition. Regulatory bodies, like the Federal Reserve, evaluate the pros and cons of each merger on a case-by-case basis.

Bank Mergers Cannot Be Approved in the U