USA HISTORY

Detailed explanation-1: -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.

Detailed explanation-2: -Integration Strategies: Mergers and Acquisitions When businesses acquire other businesses or operations that were previously competitors, suppliers, buyers, or sellers, they are engaging in a strategy known as integration.

Detailed explanation-3: -Consolidation happens when two or more companies merge to become one. Also known as amalgamation, business consolidation is most often associated with M&A activity. 1 This generally happens when several similar, smaller businesses combine to form a new, larger legal entity.

Detailed explanation-4: -What Is the Consolidation Phase? The consolidation phase is a stage in the industry life cycle where competitors in the industry start to merge with one another. Companies will seek to consolidate in order to gain a larger portion of overall market share and to take advantage of synergies.