Two competing sports equipment stores in a city joining together to form one organization would be a:

Name: Two competing sports equipment stores in a city joining together to form one organization would be a:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When two companies at the same stage in the same industry combine, it's considered a horizontal merger. This type of merger occurs between firms that are direct competitors, aiming to consolidate their positions in the market and achieve economies of scale.

Two Competing Sports Equipment Stores in a City Joining Together