Answer the following statement(s) true (T) or false (F)
1. Vertical merger was very popular during the 1980s, when newspapers were being gobbled up by chains at the rate of 50–60 per year.
2. A book publisher buying a paper supply company (to help with production) and some bookstores (to help with distribution) is an example of horizontal merger.
3. A film studio that buys a newspaper, several radio stations, a talent agency, and a string of restaurants is an example of conglomerate merger.
4. In the early 1900s, the federal government became concerned over the degree of concentration in particular American industries.
5. While there is ample evidence for the trend toward concentration, there is less evidence that this concentration results in harm.
1.false
2.false
3.true
4.true
5.true
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