According to the Federal Trade Commission, a firm engages in a horizontal merger when it acquires former suppliers or customers.

Name: According to the Federal Trade Commission, a firm engages in a horizontal merger when it acquires former suppliers or customers.
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A horizontal merger is when two firms that produce the same type of product or provide the same type of service combine. It does not involve the acquisition of former suppliers or customers.

According to the Federal Trade Commission, a Firm Engages in a Horizontal