An industry consists of three firms with sales of $285,000,$615,000 , and $310,000 . a. Calculate the Herfindahl-Hirschman index (HHI) . Instruction: Round to the nearest integer. b. Calculate the four-firm concentration ratio (C 4 ) . c. Based on the FTC and DOJ Horizontal Merger Guidellnes described in the text, is the Departmen of Justice likely to attempt to block a horizontal merger between two firms with sales of $285.000 and $310.000
An industry consists of three firms with sales of $285,000,$615,000 , and $310,000 . a. Calculate the Herfindahl-Hirschman index (HHI) . Instruction: Round to the nearest integer. b. Calculate the four-firm concentration ratio (C 4 ) . c. Based on the FTC and DOJ Horizontal Merger Guidellnes described in the text, is the Departmen of Justice likely to attempt to block a horizontal merger between two firms with sales of $285.000 and $310.000
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter25: Government And Product Markets: Antitrust And Regulation
Section25.1: Antitrust
Problem 2ST
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An industry consists of three firms with sales of
$285,000,$615,000
, and
$310,000
. a. Calculate the Herfindahl-Hirschman index
(HHI)
. Instruction: Round to the nearest integer. b. Calculate the four-firm concentration ratio
(C
4
)
. c. Based on the FTC and DOJ Horizontal Merger Guidellnes described in the text, is the Departmen of Justice likely to attempt to block a horizontal merger between two firms with sales of
$285.000
and
$310.000
?
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