Module 5 Assignment . Is a low GUPPI a highly reliable indicator that unilateral effects are unlikely? Is a high GUPPI a highly reliable indicator that unilateral effects are likely? . Why might agencies or merging parties rely on pre-merger market shares to estimate diversion ratios? What is the logic of that assumption? What do you think of this approach? . How can bidding data from the merging parties help the agencies analyze a merger? Describe some important considerations when relying on this type of evidence. . When should an antitrust analyst be concerned about omitted variable bias? What type of evidence minimizes concerns with omitted variable bias? . Discuss the strengths and weaknesses of cross-sectional evidence like that used in Staples (1997). What makes Staples-Office Depot a unilateral effects case? . Would you expect entry events or exit events to be more reliable in helping predict competitive effects? Explain. . Does the changed competitive atmosphere observed in Office Depot/Office Max (2013) suggest that the predictions of competitive harm in Staples/Office Depot (1997) were inaccurate? Why or why not