When two companies in the same industry agree to become one firm,the result is called a:
A)Vertical merger.
B)Joint venture.
C)Monopoly.
D)Horizontal merger.

Question

Quizplus · Accepted Answer

When two companies in the same industry agree to become one firm, it is called a horizontal merger. This type of merger involves companies that produce similar goods or services, and the goal is often to increase market power and efficiency.

When Two Companies in the Same Industry Agree to Become