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Yang · 2020年07月31日

问一道题:NO.PZ201601200500004506

* 问题详情,请 查看题干

问题如下:

6. If HiFly and Sky Systems attempt to merge, the increase in the Herfindahl–Hirschman Index (HHI) and the probable action by the Department of Justice and the FTC, respectively, in response to the merger announcement are:

选项:

Increase in the HHI
Probable Response of Department of Justice and FTC
A.
290
To challenge the merger
B.
290
To investigate the merger
C.
400
To challenge the merger

解释:

C is correct.

The pre- and post-merger HHI measures are 1,550 and 1,950, respectively. Not only is the HHI increasing by 400 points, but the industry concentration level also moves from moderately to highly concentrated. The probable action by the regulatory authorities is thus a challenge.

请问什么时候是 investigate the merger,什么时候是 challenge the merger?

1 个答案
已采纳答案

王琛_品职助教 · 2020年08月01日

同学你好,

  • 关于 HHI,考纲要求只要知道满足什么标准需要 challenge 即可,选项中的 investigate 我理解更多是干扰项哈。参考 LOS:

    g. calculate and interpret the Herfindahl–Hirschman Index and evaluate the likelihood of an antitrust challenge for a given business combination

  • 这道题对应的知识点是基础班讲义 P203 的表格

  • Post-merger HHI 为 1950,Change in HHI 为 400,妥妥的是 challenge 哈