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| The estimated pre- and post-merger HHI for the industry are 975 and 990 respectively. Which of the following statements regarding these HHI calculations is most accurate? A. A post-merger HHI of less than 1,000 is indicative of a competitive industry and an antitrust challenge is unlikely. B. Regulators consider a post-merger HHI value greater than 1,800 to be indicative of a “moderately concentrated” industry. C. Any merger that results in a change in HHI between pre- and post-merger HHI that is greater than 100 is likely to be challenged. |