When industries converge they:

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When industries converge, they typically merge to create new products and services that combine the strengths and capabilities of each industry. This can lead to a more competitive and innovative marketplace, as well as potential cost savings for businesses and better options for consumers. Selling at higher prices or earning price premiums may happen as a result of this convergence, but it is not the primary goal or outcome. Dissolving into separate entities would be counterproductive to the convergence. While government involvement may be a factor, it is not necessarily a defining characteristic of industry convergence.

When Industries Converge They