Consumers advocates expressed concern on merger possibility
Consumer's advocates expressed concern over such merger possibilities. Elucidate this statement.
Expert
Reason because the customer advocates have shown the concern over probable mergers has been due to lot of people feel that the corporations might raise a huge amount of capital for absorbing the small ones & might combine as well as collude among the other firms for inhibiting the competition.
Through doing those things this may cause customers towards paying the high prices & being without some choices for similar product. The threat of a monopoly power mat came into existence if the company gains a lot of control of market for some commodity & service. Leaving customer with lesser choices may cause a lot of unhappy consumers as well as they tend towards staying away from new entrants.
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