Suppose that in an industry, firm X has 50 percent market share, firm Y has 35 percent market share, and firm Z has 10 percent market share. Which of the following mergers is NOT likely to be challenged by the Federal Trade Commission?
A) A merger between firms X and Y
B) A merger between firms Y and Z
C) A merger between firms X and Z
D) Any merger of two firms among those firms is likely to be challenged.
Correct Answer:
Verified
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A)
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