Use the following information to answer the next 2 questions. 1) Antitrust Enforcement According to the Federal Trade Commission, "Many mergers benefit competition and consumers by allowing firms to operate more efficiently. But some mergers change market dynamics in ways that can lead to higher prices, fewer or lower- quality goods or services, or less innovation." Antitrust laws often allow the former pro-competitive types of mergers, but prohibit the latter anti-competitive types. Suppose that one looks over the historical record of antitrust enforcement and finds that while the authorities have permitted some mergers and blocked others, the industry's average price has tended to fall whenever a merger has been permitted and occurred. 1 1 point DO 1) Antitrust Enforcement (Part a) Based solely on the information provided in the question, is it correct then to infer that the antitrust authorities should have been more lenient and permitted more mergers? Why or why not?