Business, 30.05.2020 23:04, Kingdcn6261

Suppose the top five firms in a market have market shares of 23%,12%,8%, 7% and 5% respectively. The remaining 45 firms in the market each have a market share of 1%. Would the FTC be likely to approve a merger between the top two firms in this market?

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Suppose the top five firms in a market have market shares of 23%,12%,8%, 7% and 5% respectively. The...