Explanation:
Please see subunit 4.2. The Free Dictionary's article on "Mergers and Acquisitions (M&A)" cites the benefits and concerns of mergers and acquisitions. Federal and state laws regulate M&As to ensure that a newly merged or acquired firm does not result in unfair competition. Conversely, M&As often result in a number of social benefits that include "better management or technical skill to underused assets." M&As can also "result in economies of scale and scope that reduce costs, improve quality, and increase output." Finally, M&A's can "discourage company managers from behaving in ways that fail to maximize profits."
