When eBay acquired Baaze.com, an Indian auction firm, in order to enter the Indian online auction market, this was an example of a ________ merger.

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The acquisition of Baaze.com allowed eBay to enter the Indian online auction market, which represents a market extension merger. A product extension merger refers to an acquisition that expands a company's product line, a conglomerate merger involves the acquisition of a company in a completely different industry, and a vertical merger involves the acquisition of a company that operates either upstream or downstream in the supply chain.

When EBay Acquired Baaze