Suppose Coca-Cola and Pepsi announce plans to merge into a single global soft- drink company effects on soft drinks consumers?

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03-08-2022
Economics

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Suppose Coca-Cola and Pepsi announce plans to merge into a single global soft- drink company effects on soft drinks consumers?

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WASKOUTidn WASKOUTidn · Answer 1 · 2022-08-03T14:19:28+08:00

WASKOUTidn WASKOUTidn

03-08-2022

Coca-Cola uses the product differentiation strategy to enable the company to obtain profits higher than the average level of the same industry. The soft drink industry has a long history and is gradually diversified. In the future, it will attract more players, and the competition will be more intense.

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