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English definition of “horizontal integration”

horizontal integration

noun [U]    
ECONOMICS a situation in which a company buys another company that has the same activities: The distribution system was consolidated by horizontal integration of wholesalers. The most significant change for global corporations has been the move to horizontal integration during the later 20th and early 21st centuries. → Compare vertical integration
(Definition of horizontal integration noun from the Cambridge Business English Dictionary © Cambridge University Press)
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