Economists played a key role in the development of merger guidelines by the Department of Justice and the Federal Trade Commission in 1982.These guidelines have three main parts.What are these parts?
A)concentration ratios; the Herfindahl-Hirschman Index; market standards
B)concentration standards; concentration ratios; competitive analysis
C)economic analysis; political analysis; dynamic analysis
D)market definition; measure of concentration; merger standards

Question

Quizplus · Accepted Answer

The three main parts of the merger guidelines developed in 1982 are market definition, measure of concentration, and merger standards. Market definition identifies the relevant market and geographic area of competition, measure of concentration uses the Herfindahl-Hirschman Index to determine the level of market concentration, and merger standards analyze the impact of the proposed merger on competition in the market.

Economists Played a Key Role in the Development of Merger