A Horizontal Merger

question 42

Multiple Choice

A horizontal merger

• A) combines similar firms that serve separate markets.
• B) combines firms that produce similar products.
• C) enables a company to control each stage of the production process: from raw materials to the final marketing of the product.
• D) enables similar firms to form a cartel.

---

Definitions:

Shale

A fine-grained sedimentary rock formed from clay and silt-sized particles, often easily split into thin, parallel layers.

Impermeable Layers

Geological strata that do not allow the passage of water or fluids due to their tightly packed nature.

Permeable Rocks

Rocks that contain pores or cracks through which fluids such as water can easily pass.

Oil And Gas

Natural hydrocarbon resources extracted from the Earth, used as fuels and in the production of various chemicals and materials.