One of the major reasons for the wave of mergers in the last decade was the desire of firms to expand within their own markets to save on costs.

Name: One of the major reasons for the wave of mergers in the last decade was the desire of firms to expand within their own markets to save on costs.
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Firms sought to expand their market share to reduce costs through economies of scale and eliminate competition, which was a leading driver of mergers and acquisitions in the past decade.

One of the Major Reasons for the Wave of Mergers