Economics There are only five companies in the market. Company B and Company D are planning to merge. Market shares of all the competitors are shown in the table below, Company Market share, % 40 B 21 18 D 13 Calculate the difference between the HHI value after the proposed merger and the initial value. Write the exact answer. Do not round.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter11: Monopoly And Antitrust Policy
Section: Chapter Questions
Problem 11RQ: What is a corporate merger? What is an acquisition?
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Economics
There are only five companies in the market. Company B and Company D are planning to merge. Market shares of all the cornpetitors are shown in
the table below.
Company Market share, %
A
40
B
21
18
D
13
Calculate the difference between the HHI value after the proposed merger and the initial value. Write the exact answer. Do not round.
Transcribed Image Text:Economics There are only five companies in the market. Company B and Company D are planning to merge. Market shares of all the cornpetitors are shown in the table below. Company Market share, % A 40 B 21 18 D 13 Calculate the difference between the HHI value after the proposed merger and the initial value. Write the exact answer. Do not round.
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