An Allowable Defence for a Merger According to Canada's Competition

question 109

Multiple Choice

An allowable defence for a merger according to Canada's Competition Bureau is that

• A)merged and therefore bigger firms are better placed to compete globally.
• B)larger firms are easier to regulate.
• C)the gains in efficiency resulting from the merger more than offset any reductions in competition.
• D)merging firms find it easier to decide how they will share the market.
• E)merging firms are more profitable because they no longer have to compete with one another.

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Definitions:

Long-term Goals

Objectives or targets that an organization or individual aims to achieve over an extended period, usually beyond one year.

Modern Strategy-making

A contemporary approach to creating and implementing strategies in businesses or organisations, focusing on adaptability, innovation, and incorporating technological advancements.

Organic Approach

A method or philosophy that emphasizes natural growth and evolution in organizational development or problem-solving processes.

Synergy

The combined effort or working together of two or more groups, chemicals, or contributors resulting in an overall effect that exceeds the aggregate of their individual effects.