$$\begin{array} { | c | r | }
\hline \text { Bank } & \text { Asset Size } \
\hline 1 & \text { \$100 million } \
\hline 2 & \text { \$200 million } \
\hline 3 & \text { \$500 million } \
\hline
\end{array}$$
-How do you think the Department of Justice (DOJ) would characterize this market before the merger and which merger is more likely to be approved?
A)This is a competitive market and either merger will be acceptable to the DOJ.
B)This is a concentrated market and neither merger will be acceptable to the DOJ.
C)This is a concentrated market, but the merger between Banks 1 and 3 is more likely to be acceptable to the DOJ.
D)This is a competitive market, but the merger between Banks 1 and 2 is more likely to be acceptable to the DOJ.
E)This is a moderately concentrated market, but the merger between Banks 1 and 3 is more likely to be acceptable to the DOJ.

Question

$$\begin{array} { | c | r | } 
\hline \text { Bank } & \text { Asset Size } \
\hline 1 & \text { \$100 million } \
\hline 2 & \text { \$200 million } \
\hline 3 & \text { \$500 million } \
\hline
\end{array}$$
-How do you think the Department of Justice (DOJ) would characterize this market before the merger and which merger is more likely to be approved?
A)This is a competitive market and either merger will be acceptable to the DOJ.
B)This is a concentrated market and neither merger will be acceptable to the DOJ.
C)This is a concentrated market, but the merger between Banks 1 and 3 is more likely to be acceptable to the DOJ.
D)This is a competitive market, but the merger between Banks 1 and 2 is more likely to be acceptable to the DOJ.
E)This is a moderately concentrated market, but the merger between Banks 1 and 3 is more likely to be acceptable to the DOJ.

Quizplus · Accepted Answer

The Answer of $$\begin{array} { | c | r | } 
\hline \text { Bank } & \text { Asset Size } \
\hline 1 & \text { \$100 million } \
\hline 2 & \text { \$200 million } \
\hline 3 & \text { \$500 million } \
\hline
\end{array}$$
-How do you think the Department of Justice (DOJ) would characterize this market before the merger and which merger is more likely to be approved?
A)This is a competitive market and either merger will be acceptable to the DOJ.
B)This is a concentrated market and neither merger will be acceptable to the DOJ.
C)This is a concentrated market, but the merger between Banks 1 and 3 is more likely to be acceptable to the DOJ.
D)This is a competitive market, but the merger between Banks 1 and 2 is more likely to be acceptable to the DOJ.
E)This is a moderately concentrated market, but the merger between Banks 1 and 3 is more likely to be acceptable to the DOJ.

-How Do You Think the Department of Justice (DOJ) Would