The Justice Department Has Been Asked to Review a Merger

question 57

Multiple Choice

The Justice Department has been asked to review a merger request for a market with the following four firms.
$$\begin{array} { c r } \text { Fim } & \text { Assets } \\\text { A } & \$ 10 \text { million } \\B & 20 \text { million } \\\text { C } & 100 \text { million } \\\text { D } & 30 \text { million }\end{array}$$
If Firm C acquires Firm D, what is the HHI for the new market?

• A) 100
• B) 160
• C) 6,796.875
• D) 17,400.00

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Definitions:

Surgical Removal

The process of excising or cutting out a diseased or unwanted part of the body, typically through an operative procedure.

Foreskin

The retractable fold of skin covering the end of the penis, which can be removed via circumcision.

Fluid Medium

A liquid substance in which other materials are dissolved or suspended, often used in scientific and medical contexts.

Sperm

Male reproductive cells or gametes involved in sexual reproduction.