USA HISTORY

Detailed explanation-1: -A horizontal merger is a merger or business consolidation that occurs between firms that operate in the same industry, usually as larger companies attempt to create more efficient economies of scale.

Detailed explanation-2: -Horizontal integration is one of the most common types of mergers. As a result of horizontal integration, competitors in the same market combine their operations and assets. An example of horizontal integration would be if two consulting firms merge.

Detailed explanation-3: -Horizontal integration happens when one firm acquires another firm operating in the same industry or producing the same line of products. Companies that engage in horizontal integration may realize economies of scale, reduced production costs, synergy in marketing, increased revenue, among others.

Detailed explanation-4: -Horizontal merger: When companies that sell similar products merge together. Vertical merger: Occurs between companies at different stages in the production process (between companies where one buys or sells something from or to the company).

Detailed explanation-5: -Horizontal Merger A merger occurring between companies in the same industry. Horizontal merger is a business consolidation that occurs between firms who operate in the same space, often as competitors offering the same good or service.