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question 3 (8 points) how did horizontal integration limit competition?…

Question

question 3 (8 points)
how did horizontal integration limit competition?
a fewer independently owned companies existed to compete.
b companies agreed not to compete, so they all made more money.
c more small companies tried to supply raw materials to large companies.
d suppliers could not produce enough to serve horizontally integrated companies.

Explanation:

Brief Explanations

Horizontal integration is the combination of companies in the same industry. When this occurs, there are fewer independently - owned companies left in the market, reducing competition.

Answer:

A. Fewer independently owned companies existed to compete