Should merger be allowed based on herfindhal index


If there is a merger between 2nd and 4th largest firms, with the following market shares: 1st: 20%, 2nd: 10%, 3rd: 5% and 4th: 4%. Should the merger be allowed based on the Herfindhal Index? Why?

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Microeconomics: Should merger be allowed based on herfindhal index
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