Horizontal mergers are closely monitored by the government to prevent a monopoly from being created when the companies merge. Huge benefits can be gained by the merged companies when a competitor disappears from the same market and for the consumer the prices are driven upwards, which can be bad news.
The public policy to combat market power is through the Federal Trade Commission. They can prevent mergers, let mergers go through with the condition of selling some assets in which there is concentrated market power. Also the Department of Justice can litigate and even break up large companies such as it has done with Standard Oil and AT&T.
Antitrust policy generally precludes the elimination of competition. For this reason, mergers are often with companies in allied but not directly related field.
Mergers
Trust and mergers hurt competition because they help create monopolies. When two companies merge, they are no longer competitive with each other and have a size advantage over companies that were formerly competing with both of them.
The party is happening tomorrow night at my friend's house.
prevent the occurrence of prevent something from happening
You can't prevent this from happening because earths weather does what it wants to and you can't control the weather so you can't
you cant prevent storms from happening that's impossible.
You can't prevent it from happening, because it's hereditary.
what must be done to prevent this from happening
You can't prevent it from happening, because it's hereditary.
yeah
stay at home
prevent
The federal government won the power to prevent monopolies and mergers that interfered with trade between states . =)
The federal government won the power to prevent monopolies and mergers that interfered with trade between states . =)