A Horizontal Merger

question 89

Multiple Choice

A horizontal merger

• A)is a merger between firms in the same industry.
• B)results in a trust (for example, the Standard Oil Company).
• C)is a merger between firms at different stages of production of a good.
• D)was illegal in the United States until the Federal Trade Commission Act was passed by Congress in 1914.

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Definitions:

Nondirectional

Pertains to hypotheses or research questions that do not specify the direction of the expected relationships or differences.

Unidirectional

Describes a process or relationship that operates or moves in only one direction.

Multidirectional

Characterized by moving or extending in multiple directions, often used to describe trends, influences, or changes that do not follow a single path.

Quasidirectional

Pertains to a tendency or trend that is not strictly linear or unidirectional but suggests a general direction.