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21-148 How Do You Think the Department of Justice (DOJ)would

Question 141

Multiple Choice

21-148 How do you think the Department of Justice (DOJ) would characterize this market before the merger and which merger is more likely to be approved?

A) This is a competitive market and either merger will be acceptable to the DOJ.
B) This is a concentrated market and neither merger will be acceptable to the DOJ.
C) This is a concentrated market,but the merger between Banks 1 and 3 is more likely to be acceptable to the DOJ.
D) This is a competitive market,but the merger between Banks 1 and 2 is more likely to be acceptable to the DOJ.
E) This is a moderately concentrated market,but the merger between Banks 1 and 3 is more likely to be acceptable to the DOJ.

Correct Answer: