The need for preempting competitors is particularly great in the telecommunications market.

Question

Quizplus · Accepted Answer

In many cases firms make acquisitions to preempt their competitors. The need for preemption is particularly great in markets that are rapidly globalizing, such as telecommunications, where a combination of deregulation within nations and liberalization of regulations governing cross-border foreign direct investment has made it much easier for enterprises to enter foreign markets through acquisitions.

The Need for Preempting Competitors Is Particularly Great in the Telecommunications