Asked by
Kevin Reich
on Oct 12, 2024
Verified
A horizontal merger takes place when
A) a firm acquires a competitor.
B) similar firms agree to compete.
C) firms in different industries merge.
D) a firm diversifies by merging with a foreign firm.
Horizontal Merger
A corporate strategy where two or more companies that produce similar products or services merge.
Competitor
An individual or company in the same industry or market that sells or provides similar products or services, thereby engaging in competition.
- Differentiate among the different forms of mergers and understand their effects on market dynamics and competitive landscapes.
Verified Answer
AB
Learning Objectives
- Differentiate among the different forms of mergers and understand their effects on market dynamics and competitive landscapes.