Corporate consolidations or mergers were prompted primarily by a desire to

Question

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Corporate consolidations or mergers were often prompted by a desire to regulate expansion and insulate corporations from fluctuations in the economic cycle. This could be achieved by combining resources and diversifying the risks associated with conducting business. It was not typically done to encourage competition, stimulate rate wars, reduce the role of investment bankers, or encourage government regulation of industry.

Corporate Consolidations or Mergers Were Prompted Primarily by a Desire