P&G is a multinational firm that produces a wide range of consumer goods. The razor and blades industry is one of the industries in which P&G competes. Gillette is one of the main manufacturers in this field. P&G agreed to buy Gillette in order to expand its market dominance in the razor and blades industry. P&G gained access to Gillette's huge market share, manufacturing knowledge, and brand familiarity by acquiring the company. In addition, P&G was able to improve its market share by expanding its product offerings in the razor and blades industry. P&G's acquisition of Gillette was a strategic decision that aided the company's rise to dominance in the razor and blades business.