Question: a) Why do anti-trust authorities block many horizontal mergers? (5 marks - 100 (b) What have you learnt about post merger performance of mergers? Do

a) Why do anti-trust authorities block many horizontal mergers? (5 marks - 100 (b) What have you learnt about post merger performance of mergers? Do you think mergers create value for shareholders / society in the long run? Answer with reference to evidence or readings from the course

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