Which of the following is most responsible for the shrinking number of competitors in almost every major industry?

Name: Which of the following is most responsible for the shrinking number of competitors in almost every major industry?
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Question

Quizplus · Accepted Answer

Acquisition of competitors is the most common reason for the shrinking number of competitors in major industries. Larger companies buy out smaller competitors to increase market share, reduce competition, and gain access to new technology or resources.

Which of the Following Is Most Responsible for the Shrinking