When one company buys or forces out all of their competitors,it is participating in

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Horizontal integration refers to the process of a company merging or acquiring other companies that operate in the same industry or market. This allows the company to expand its market share and eliminate competition. Choice A, a hostile takeover, specifically refers to the acquisition of a company against the wishes of its management, which may or may not result in horizontal integration. Vertical integration (B) is the process of a company expanding its operations by acquiring other companies in its supply chain, while an Invisible Hand market (D) is a term used to describe a free market economy without government intervention. A corporate-controlled market (E) refers to a situation where a small number of companies dominate a particular industry or market.

When One Company Buys or Forces Out All of Their