Estimated market shares for the cellular phone manufacturing market are given in the table below. If Samsung were to merge with Sanyo, the four-firm concentration ratio would be
Firm Market Share
Nokia 36%
Fujitsu 3%
Kyocera 3%
LG 6%
Motorola 16%
Samsung 6%
Sanyo 4%
Siemens 7%
Sony Ericsson 11%