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A large electronics manufacturer has focused on the computer and office machines markets. Recently, it introduced a video cassette recorder. The manufacturer has frequently considered entering the home entertainment markets, but recently proposed merging with a television and stereo equipment manufacturer rather than entering the market by itself. This merger could be challenged on the basis of
a. the potential competition theory
b. the improper line of business combination theory
c. the market extension theory
d. the forward vertical merger theory
e. the fraud on the market theory
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