3.If two construction companies merge, this is called a ________ merger, whereas if a bakery merges with a flour mill, this is called a ________ merger. a) horizontal, vertical b) conglomerate, horizontal c) natural, vertical d) conglomerate, vertical
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3.If two construction companies merge, this is called a ________ merger, whereas if a bakery merges with a flour mill, this is called a ________ merger.
a) horizontal, vertical
b) conglomerate, horizontal
c) natural, vertical
d) conglomerate, vertical
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Solved in 2 steps
- What is a corporate merger? What is an acquisition?8.In 2019, competition authorities threw out a merger of Asda and Sainsbury’s. What type of growth would the merger of Asda and Sainsbury’s have represented? a) Horizontal expansion b) Horizontal integration c) Conglomerate merger d) Vertical integration e) Horizontal alliance5. If Amazon were to purchase UPS, this would be an example of a: A. Horizontal mergerB. Vertical mergerC. Conglomerate mergerD. Parallel merger
- 1. Collusion is an anticompetitive practice that could fall under the criminal code according to the Competition Act. Give three examples of collusive practices (not necessarily reallife examples) and explain why. 2. What are the differences between different types of mergers? Explain why mergers happen?3 1. Describe the bidding process by which the electricity generation sector provides electricity to pooling and balancing authorities. Additionally, show this process by building an electricity supply curve. a. What antitrust and regulation concerns are present at the wholesale stage of the electricity market? b. Describe a market design that reduces market manipulation in wholesale electricity markets. Show that the Nash equilibrium under this market design will result in generators bidding their true marginal cost of production. c. Describe a vertically integrated industry as it pertains to the electricity sector. d. Describe non-linear (two part) pricing as it pertains to retail electricity sales. What is the purpose of this pricing system?3. In the following mergers with a merger type and, for each, explain why Types: Horizontal, vertical, conglomerate 1. Dell computers buys Intel maker of computer chips 2. JetBllue airlines buys Spirit airlines 3. Vons grocery buys Ralphs grocery 4. Starbucks buys car dealership
- If company A and B combine under single ownership of control, this would be a O a. horizontal O b. vertical O c. conglomerate Od. Herfindahl O e. There is not enough information to answer the question. merger.2. Describe the fundamental difference between pure competition and non-collusive oligopoly.Economics 1) How many buyers are there in a perfectly competitive market?A) FewB) TwoC) ManyD) One2) A market in which there are many buyers and sellers, every firm sells the same standardized product, buyers and sellers have full information about the product and its price, and it is easy for firms to enter and exit the market is known as _____ market.A) monopolyB) oligopolyC) duopolyD) a perfectly competitive3) Which of the following is NOT a reason that firms in a perfectly competitive market are price takers?A) There are many firms that a buyer can choose from.B) Each firm can sell more of its goods at a lower price than at the market price.C) Each buyer has perfect information about all alternatives.D) Each firm's good is a perfect substitute for another firm's good.
- The sum total set of interrelationships that establish the manner in which competitors behave in an industry could be referred to as competitive dynamics.Required: 1. Briefly explain what competitive rivalry is? 2. Explain what competitive behaviour is and the three factors that drive competitive behaviour 3. With the aid of a diagram explain the model of competitive rivalry and how a strategist can use that understanding to develop strategies that facilitate the attainment of higher financial performanceCarrot Computers and its competitors purchase touch screens for their tablet computers from several suppliers. The six makers of touch screens have market shares of, respectively, 19 percent, 18 percent, 14 percent, 16 percent, 20 percent, and 13 percent. a. What is the Herfindahl index for the touch screen manufacturing industry? b. By how much would a proposed merger between the two smallest touch screen makers increase the Herfindahl index? Would the government be likely to challenge that proposed merger? c. If Carrot Computers horizontally merges with its competitor Blueberry Handhelds, by how much would the Herfindahl index change for the touch screen industry?True/False 1. Suppose that an industry has 10 firms where the market shares are ordered from the most to the least dominant firm {0.5,0.37,0.05,0.03,0.02,0.01,0.01,0.005,0.004,0.001g. The Herfindahl index is IH = 0.3.
