If the Shell and Mobil oil companies merge, what is this called?
A) concentration merger
B) diversified merger
C) horizontal merger
D) vertical merger
E) conglomerate merger

Question

Quizplus · Accepted Answer

A horizontal merger occurs when two companies operating in the same industry, often as competitors, combine. Since Shell and Mobil are both in the oil industry, their merger would be considered a horizontal merger.

If the Shell and Mobil Oil Companies Merge, What Is