Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “vertical integration”

vertical integration

noun [U]
 
 
(also vertical amalgamation, also vertical combination) ECONOMICS, MANAGEMENT
(also vertical merger) a situation where a company buys companies that are its suppliers and customers, taking over more stages of an industrial or commercial process: Mobile phone companies are becoming more powerful through vertical integration.
the degree to which a company carries out the different stages in an industrial or commercial process, rather than depending on outside suppliers and customers: In recent years, there are increasing number of Hong Kong manufacturers adopting a strategy of vertical integration to enhance value-added content to their products.
→ Compare horizontal integration → See also backward integration, forward integration, vertical disintegration
(Definition of vertical integration from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of vertical integration?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “vertical integration”

Definitions of “vertical integration” in other dictionaries

Translations of “vertical integration”

Word of the Day

improvisation

a performance that an actor, musician, etc. has not practised or planned

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More