Disintermediation Occurs When ____________

Disintermediation occurs when ____________.

A) a manufacturer sells directly to a wholesaler who then sells to a retailer
B) a retailer purchases from a few wholesalers resulting in increased competition and price
C) a manufacturer sells directly to other manufacturers who distributes to an array of wholesalers
D) a manufacturer sells directly to consumers,bypassing retailers
E) wholesalers disagree about the agreements between the manufacturer and the retailer