Which of the following statements is (are)true?

Question

Quizplus · Accepted Answer

The merger attempt between Staples and Office Depot was denied by regulatory authorities because it likely would have resulted in a decrease in price competition, not an increase. This is because the merger would have combined two of the largest office supply chains, potentially reducing competition and leading to higher prices for consumers. Horizontal mergers, like the one proposed between Staples and Office Depot, typically lead to a decrease in the number of competitors in an industry, as two competitors merge into one entity.

Which of the Following Statements Is (Are)true