Mergers are good for competition. State your comment.
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Mergers of firms in an industry tend to:
a) Transform monopolistic competition into a pure competition.
b) Transform monopolistic competition into an oligopoly.
c) Reduce the Herfindahl index for the industry.
d) Break up an oligopoly.
Antitrust laws allow the government to
a. prevent mergers.
b. break up companies.
c. promote competition.
d. All of the above are correct.