When two firms in an industry become one firm, they are engaged in

Name: When two firms in an industry become one firm, they are engaged in
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Question

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When two firms in an industry become one firm, they are engaged in a merger. A trust agreement refers to an agreement between competing firms to limit competition, and predatory pricing is a pricing strategy used to drive competitors out of business. None of these options accurately describe the situation of two firms becoming one.

When Two Firms in an Industry Become One Firm, They