A horizontal merger
A)is a merger between firms in the same industry.
B)results in a trust (for example, the Standard Oil Company).
C)is a merger between firms at different stages of production of a good.
D)was illegal in the United States until the Federal Trade Commission Act was passed by Congress in 1914.

Question

Quizplus · Accepted Answer

A horizontal merger is a merger between firms in the same industry, which often results in increased market share and reduced competition.

A Horizontal Merger