A. is a merger between firms in the same industry.
B. was illegal in the United States until the Federal Trade Commission Act was passed by Congress in 1914.
C. is a merger between firms at different stages of production of a good.
D. results in a trust (for example, the Standard Oil Company).
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Home » Business » A horizontal merger A. is a merger between firms in the same industry. B. was illegal in the United States until the Federal Trade Commission Act was passed by Congress in 1914. C.