Which is an example of a horizontal merger? A) Abbott Laboratories me

QUESTION

Which is an example of a horizontal merger?

A) Abbott Laboratories merging with Blue Cross Blue Shield
B) FedEx merging with UPS
C) JCPenney merging with Staples
D) Apple Computer merging with Kellogg’s
E) Paramount Pictures merging with Burger King

ANSWER

Answer: B
Explanation: B) A horizontal merger is when two companies that are in the same industry and perform the same activity merge. Both FedEx and UPS are in the package delivery business.