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What was the main reason for the merger between Shell Transport and Trading Company and Royal Dutch Petroleum?
Bankruptcy
Market Expansion
Government Intervention
Hostile Takeover
Answer
The main reason for the merger between Shell Transport and Trading Company and Royal Dutch Petroleum was to expand their market presence and compete more effectively with their main rival, Standard Oil. The merger created the Royal Dutch Shell Group, which is now one of the largest energy companies in the world.
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