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lemonelk133Lv1
28 Sep 2019
The widget industry is comprised of six firms of varying sizes. Firm 1 has 35 percent of the market. Firm 2 has 25 percent, and the remaining firms have 10 percent each.
a) what is the four firm concentration ratio for the industry?
b)What is the Herfindahl-Hirschman index for the widget industry?
c) based on the depatment of justice merger guidlines descrideb in the textbook, if the Herfindahl-Hirschman index is between 1500 and 2500 after a merger, and the merger increase the Herfindahl-Hirschman index by more then 100, the FTC and DOJ may challenge the merher. do youthnik the justice department would be lilkely to block a merger between firm 5 and 6? show your work
The widget industry is comprised of six firms of varying sizes. Firm 1 has 35 percent of the market. Firm 2 has 25 percent, and the remaining firms have 10 percent each.
a) what is the four firm concentration ratio for the industry?
b)What is the Herfindahl-Hirschman index for the widget industry?
c) based on the depatment of justice merger guidlines descrideb in the textbook, if the Herfindahl-Hirschman index is between 1500 and 2500 after a merger, and the merger increase the Herfindahl-Hirschman index by more then 100, the FTC and DOJ may challenge the merher. do youthnik the justice department would be lilkely to block a merger between firm 5 and 6? show your work
Yusra AneesLv10
28 Sep 2019
