The main parallel between the merger boom in the US at the end of the 19^th century and the recent merger boom in the chemicals,beer,food,media and communications,and pharmaceutical industries is that both involves horizontal mergers and resulted in the creation of market-dominating companies:

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Both the merger boom in the US at the end of the 19th and the recent merger boom in various industries involve horizontal mergers, where companies in the same industry combine to create a larger entity. In both cases, these mergers resulted in the creation of market-dominating companies that had significant control over the market.

The Main Parallel Between the Merger Boom in the US