Nationwide Bank has approached Hometown Bank with a proposal to Nationwide Bank has approached…

Nationwide Bank has approached Hometown Bank with a proposal to
Nationwide Bank has approached Hometown Bank with a proposal to merge. The following table lists the sales of the banks in the area. Use this information to calculate the four-firm concentration ratio and the Herfindahl- Hirschman index. Based on the FTC and DOJ Horizontal Merger Guidelines described in the text, do you think the Justice Department is likely to challenge the proposed merger?

Nationwide Bank has approached Hometown Bank with a proposal to

 

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