Horizontal integration can help to reduce industry rivalry.

Name: Horizontal integration can help to reduce industry rivalry.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Horizontal integration involves combining firms that provide similar products or services, thereby reducing the number of competitors in the industry. This can lead to a decrease in industry rivalry as the remaining competitors may have a larger market share and greater pricing power.

Horizontal Integration Can Help to Reduce Industry Rivalry