Assignment:
• Go to the Federal Trade Commission's Web site and select 1 merger that the FTC has approved in the last five years.
• Write a paper that describes the principle firms, their industry, and that summarizes arguments in support of the merger and arguments opposing the merger. The paper should be approximately 2 pages in length, excluding the title page and bibliography.
• In addition to the 2 pages of content, include a title page, abstract, and bibliography.
• The paper should be supported with at least 2 Academic References.
Some Things to Consider: Industry Description
Consider the following:
• Describe the firms in the proposed merger. List their annual sales, and extent of their operations.
• From the firms' point of view, what are some of the incentives to consolidate?
• Describe the competitive environment within the industry.
Some Things to Consider: Summaries
Consider the following:
• Explain whether the competitive environment in this industry benefits society or not.
• Is a high degree of market concentration a boon or threat to consumers? Explain.
• How would the merger benefit the firms?
• Would it benefit society or not? Explain.
You might use one or more of the following concepts: productive efficiency or administrative efficiency.