Please answer letter B

Economic Policy and Global Environment Problem Set \#5 Due Wednesday, November 09 (submitted through Moodle) Problem ( 30 points) Staples recently announced its intention to purchase its rival Office Max. The table above gives the domestic number of stores for each of the companies selling office supplies. Use number stores as a proxy for market shares. b. DOJ challenged the merger and argued that Kmart, Walmart and Target should not be used in HHI calculations. Explain the reasoning behind this argument, and provide new calculations after dropping those three store chains from the table. Discuss your new results. Economic Policy and Global Environment Problem Set \#5 Due Wednesday, November 09 (submitted through Moodle) Problem ( 30 points) Staples recently announced its intention to purchase its rival Office Max. The table above gives the domestic number of stores for each of the companies selling office supplies. Use number stores as a proxy for market shares. b. DOJ challenged the merger and argued that Kmart, Walmart and Target should not be used in HHI calculations. Explain the reasoning behind this argument, and provide new calculations after dropping those three store chains from the table. Discuss your new results