The Consolidation of Firms That Compete in the Same Industry

question 54

Multiple Choice

The consolidation of firms that compete in the same industry or product line is a(n) :

• A) vertical merger.
• B) conglomerate merger.
• C) monopoly merger.
• D) horizontal merger.

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Definitions:

4 Years Ago

A term referring to a point in time that is four years prior to the current date.

Annually

Pertaining to something that occurs once every year.

4.2%

Often represents a percentage rate, such as an interest rate or growth rate, quantifying an increase or yield on an investment or financial product.

3-Year Period

A specific timeframe that spans three consecutive years.