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A consolidated industry turns into a fragmented industry when

User N Alex
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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.
User Mr Random
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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.

User Gopikrishna S
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