Answer :
Final answer:
A vertical merger involves companies in different steps of the manufacturing process. An example of a vertical merger was the merger between Daimler and Chrysler.
Explanation:
A vertical merger is a type of merger that involves companies in different steps of the manufacturing process. It occurs when companies join together to protect themselves against the possible loss of suppliers and to streamline the manufacturing process. An example of a vertical merger was the merger between Daimler, a German automaker, and Chrysler, an American automotive manufacturer. This merger allowed DaimlerChrysler to have control over various aspects of the automobile production process, from design to manufacturing to distribution.
