Observing the Pattern of Consolidation in U

question 66

Multiple Choice

Observing the pattern of consolidation in U.S. industries over time, one will notice that

• A) horizontal integration has never been a very popular strategy.
• B) firms that horizontally integrate tend to divest later.
• C) horizontal integration has been very popular in the last two decades.
• D) while a few industries have consolidated since 1970, most remain fragmented.
• E) mergers were very common and acquisitions were rare from 1900 to 1999.

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