The government estimated that by allowing the merger between AT&T and T-Mobile to go through,the Herfindahl Hirschman Index for the national market would increase by nearly 700 points to about 3,100.According to the merger standards of the Department of Justice and the FTC,a Herfindahl Hirschman index of 3,100 indicates that the market is ________ concentrated,and the increase of nearly 700 points indicates that the merger ________ be challenged.
A)moderately; may
B)moderately; will
C)highly; may
D)highly; will likely

Question

Quizplus · Accepted Answer

A Herfindahl Hirschman index of 3,100 indicates a highly concentrated market, and the increase of nearly 700 points suggests that the merger will likely be challenged according to the merger standards of the Department of Justice and the FTC.

The Government Estimated That by Allowing the Merger Between AT&T