what is the strategy that a firm might formulate to quickly consolidate a fragmented industry and what are the benefits of such a strategy?

what is the strategy that a firm might formulate to quickly consolidate a fragmented industry and what are the benefits of such a strategy? 

State and explain the concept in the assigned chapter that describes actions by some firms to follow each other’s lead to reduce the level of competition in order to reduce competition. 

whether a firm can pursue a hybrid strategy or not.” A hybrid strategy involves the simultaneous adoption of cost and differentiation strategies by a firm.

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