Question: How does horizontal integration within an industry affect the surviving firms? by increasing the threat the surviving firms will face from new entrants by strengthening

How does horizontal integration within an industry affect the surviving firms?

by increasing the threat the surviving firms will face from new entrants by strengthening the rivalry among existing firms by requiring the surviving firms to shift their focus from nonprice to price competition

by strengthening the bargaining power of the surviving firms vis

- -

vis suppliers and buyers

How does horizontal integration within an industry affect the surviving firms?

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