Which of the following is most responsible for the shrinking number of competitors in almost every major industry?

Question

Quizplus · Accepted Answer

The acquisition of competitors is the most responsible for the shrinking number of competitors in almost every major industry. Large companies with significant resources can acquire smaller competitors, which eliminates competition and creates an oligopoly or monopoly. This also allows companies to expand their market share and increase their profits.

Which of the Following Is Most Responsible for the Shrinking