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When there are technical efficiencies from co-locating vertically-related processes (e.g. the production of pulp and paper or the production of steel and steel strip), vertical
When there are technical efficiencies from co-locating vertically-related processes (e.g. the production of pulp and paper or the production of steel and steel strip), vertical integration (in the form of common ownership of the vertically-linked activities) is essential. [See pp.257-258] When there are technical efficiencies from co-locating vertically-related processes (e.g. the production of pulp and paper or the production of steel and steel strip), vertical integration (in the form of common ownership of the vertically-linked activities) is essential. [See pp.257-258] True False
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