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Mergers

What is your opinion of a merger? If you say and think a merger is a bad thing then you are not alone. Recently, "mergers were given a big thumbs down in a poll given to Americans and Canadians." The definition of a merger is "a combination of two or more businesses to form a single firm." The cons of mergers greatly outnumber the pros because as companies get larger and larger, people lose jobs, monopolies form, and consumers pay higher prices, resulting in a less competitive and, therefore, less opportune business market.
Is bigger really better? Big might be sometimes better, but companies, corporations and monopolies can get too big. "Some merged companies become so huge that they lose focus, gain overhead and increase their expenses dramatically. Ultimately they can be less innovative and competitive than before." Big companies tend to care only for making money and devalue things such as the quality of the product they produce. "Smaller companies by contrast,......


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Approximate Word Count: 1085
Approximate Pages: 5 (250 words per double-spaced page)

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