Although the long-term economic and political implications of the megamergers are as yet unclear, the massive accumulation of economic power currently taking place has no potential to change the open and competitive nature of the economy.

Question

Quizplus · Accepted Answer

The statement is false. The massive accumulation of economic power through megamergers has the potential to change the open and competitive nature of the economy, as it may lead to decreased competition and increased concentration of market power in the hands of a few dominant firms.

Although the Long-Term Economic and Political Implications of the Megamergers