Mergers And Acquisitions Flashcards
1
Q
Define market dominance
A
A measure of market share compared to competitors
2
Q
Define market power
A
The ability of a firm to influence or control the terms and conditions on which goods are bought and sold
3
Q
Define a merger
A
When two companies join together to form a larger business
4
Q
Define an acquisition
A
Where control of another company is achieved by buying the majority of their shares and becoming the majority share holder