​At One Time,AT&T and T-Mobile Wanted to Merge but Were

question 166

Multiple Choice

​At one time,AT&T and T-Mobile wanted to merge but were prevented from doing so by the Justice Department.The government maintained that to permit the merger would eliminate choices for the consumers because these companies represented the majority of the cell phone service industry. What is the name given to this kind of merger?

• A) ​Horizontal merger.
• B) ​Vertical merger.
• C) ​Conglomerate merger.
• D) ​Contingent merger.

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Definitions:

Trade Missions

Official trips organized by governments or trade associations aimed at exploring international business opportunities and fostering economic relations.

Loan Guarantees

Financial guarantees provided by a third party (like a government or financial institution) ensuring loan repayment in case the borrower defaults.

Export Development Corporation

An organization that offers financial services, insurance, and support to companies exporting goods and services from their home country.

Export Transactions

Commercial activities that involve selling goods or services to a buyer in another country.