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Definition of “vertical integration” - English Dictionary

"vertical integration" in British English

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vertical integrationnoun [U]

uk   us   specialized
a ​process in ​business where a ​companybuys another ​company that ​supplies it with ​goods or that ​buysgoods from it in ​order to ​control all the ​processes of ​production
(Definition of vertical integration from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"vertical integration" in Business English

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vertical integrationnoun [U]

uk   us   (also vertical amalgamation, also vertical combination) ECONOMICS, MANAGEMENT
(also vertical merger) a ​situation where a ​companybuyscompanies that are its ​suppliers and ​customers, taking over more ​stages of an ​industrial or ​commercialprocess: Mobile ​phonecompanies are becoming more powerful through ​verticalintegration.
the degree to which a ​companycarries out the different ​stages in an ​industrial or ​commercialprocess, rather than depending on outside ​suppliers and ​customers: In recent ​years, there are ​increasingnumber of Hong Kong ​manufacturersadopting a ​strategy of ​verticalintegration to ​enhancevalue-addedcontent to their ​products.
(Definition of vertical integration from the Cambridge Business English Dictionary © Cambridge University Press)
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“vertical integration” in Business English

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