what-impact-might-a-merger-between-two-major-firms-in-an-oligopoly-have-on-the-m

Question

What impact might a merger between two major firms in an oligopoly have on the market?

Accepted Answer

It might reduce competition and increase market power.

Answer

It would result in perfect competition.

Answer

It could lead to increased competition.

Answer

It would have no effect on the market.