Even though the market for bricks has a low concentration ratio nationally, the U.S. Justice Department might still scrutinize any mergers in this industry because the
A) HHI is high nationally.
B) HHI is above 1800 nationally.
C) HHI is below 1800 nationally.
D) market is regional not national, and the regional concentration might be high.

Question

Quizplus · Accepted Answer

The U.S. Justice Department might scrutinize mergers in the brick industry because the market is regional, not national, and regional concentration might be high, even if the national concentration is low.

Even Though the Market for Bricks Has a Low Concentration