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Vertical mergers directly result in an increase in concentration.
Competitiveness
denotes the characteristic of striving to be more successful or superior, especially in a commercial or professional context.
Productivity
measures the efficiency of production of goods or services expressed as a ratio of output to inputs.
Promotes Innovation
Encourages or facilitates the introduction of new ideas, products, or methods, fostering a culture of creativity and advancement.
Inhibits Innovation
Refers to factors or mechanisms that obstruct or slow down the process of creating new ideas, products, or methods.
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