Northeast Insurance Group is one of the largest property and casualty insurance firms in the United States. It wants to acquire Sylvestri Mutual, a smaller rival. After the merger, Northeast Insurance Group will be one of the two largest property and casualty insurance firms in the U.S. market. What should Northeast Insurance Group include in its acquisition plans?
a) Northeast Insurance Group should refocus its attention from the national to the international market.
b) Northeast Insurance Group will need to explain to the Federal Trade Commission (FTC) how the acquisition will not result in an increase in prices for consumers.
c) Northeast Insurance Group should enter a price-based competition with its other major competitor to force it out of business and become a monopoly.
d) In addition to acquiring Sylvestri Mutual, Northeast Insurance Group should determine the best way to drive independent "mom and pop" tax preparers out of business.