One benefit of horizontal integration is industry consolidation, leading to more bargaining power over buyers and suppliers.

Question

Quizplus · Accepted Answer

Horizontal integration involves merging with or acquiring a company that operates in the same industry as the acquiring company. This can lead to consolidation within the industry and give the resulting entity greater bargaining power over buyers and suppliers. Therefore, the statement is true.

One Benefit of Horizontal Integration Is Industry Consolidation, Leading to More