Question

A consolidated industry turns into a fragmented industry when

Answer 1

A consolidated industry which has the capability of becoming highly profitable turns into a fragmented industry when industry convergence is developed due to the technical advances. The consolidated industry may break in to fragments due to the deregulation, technical innovation or globalization also.

Answer 2

The only time where a consolidated industry turns into a fragmented industry when the technological advances that are made can lead to the industry’s convergence. It is because technical convergence are likely to happen or occur when there is a presence of technological advances.