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vertical, horizontal, and conglomerate mergers

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Differentiate between vertical, horizontal, an conglomerate mergers.

Do you believe that any one of these presents more of a threat to free competition than the others?

If so, why?

Any idea or input on this!

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Solution Summary

This solution differentiates between vertical, horizontal, and conglomerate mergers.

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A vertical merger occurs if two or more firms in different stages of the production of a good merge to form a new company. In particular, a vertical merger arises if a company that produces the output merges with another company that supplies an input.

A horizontal merger results if two or more competing firms merge ...

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