The merger of the two firms known as Laboratory Corporation of America and West-cliff Medical Laboratories Incorporation should only take place if both these firms can build a strong strategic relationship with each other. These organizations would be able to capture the whole market and can capitalize on their existing market share. This would lead them to earn maximum revenues because both companies will be able to invest money to increase their operations which would make them even more efficient than before. However, there is opposing argument against the concept of merger because it eliminates the factor of competition which is ...