Suppose that Verizon and Sprint were to merge.Ignoring potential antitrust problems, this merger would be classified as a:
A)horizontal merger.
B)vertical merger.
C)conglomerate merger.
D)monopolistic merger.
E)None of the above.

Question

Quizplus · Accepted Answer

A merger between Verizon and Sprint would be classified as a horizontal merger because they are both in the same industry and are direct competitors. A horizontal merger involves the combination of two companies that operate in the same market and offer similar products or services.

Suppose That Verizon and Sprint Were to Merge