Greasy Spoon Corporation merges with Hot Fork,Inc.This merger between firms that compete with each other in the same market is
A)a horizontal merger.
B)an interlocking directorate.
C)a trade association.
D)a vertical merger.

Question

Quizplus · Accepted Answer

A horizontal merger is a merger between two firms that compete with each other in the same market. In this scenario, Greasy Spoon Corporation and Hot Fork, Inc. are both competitors in the same market, and the merger of the two companies is a horizontal merger.

Greasy Spoon Corporation Merges with Hot Fork,Inc