The coming together of two or more firms with each of them losing its identity is known as
Source: JAMB · 2024
The coming together of two or more firms with each of them losing its identity is known as
Explanation
Amalgamation happens when companies merge completely. The old companies disappear and a new one is created.
In a cartel, companies stay separate but agree on prices. A consortium is a temporary partnership for a project.
After amalgamation, you cannot find the original companies anymore.
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