Conglomerate mergers can have anticompetitive effects because of what is known as the "deep pocket."A deep pocket refers to:
A) the ability of one of the merging firms to assure itself of buyers provided by the other firm.
B) the fact that the newly merged firm will control a larger share of its market since two previously competing sellers have joined together.
C) the financial resources that one of the merging firms can make available to the other firm to strengthen the other firm's market position.
D) all of the above.
Correct Answer:
Verified
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