A Vertical Merger Occurs When

Multiple Choice

A vertical merger occurs when:

A) the products of the merging firms were not related in any manner before the merger.
B) one firm is a producer of products, and the other firm is a producer of services.
C) one firm is a domestic firm, and the other is a foreign company.
D) the firms stood in a buyer-seller relationship before the merger.
E) the merger partners were competitors.