noun
absorption into a single firm of several firms involved in all aspects of a product's manufacture from raw materials to distribution
• Syn: ↑vertical integration
• Derivationally related forms: ↑vertical (for: ↑vertical integration)
• Hypernyms: ↑consolidation, ↑integration
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noun or vertical integration : a combining of business firms engaged in different phases of the manufacture and distribution of a product into an interacting whole
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the integration within one company of individual businesses working separately in related phases of the production and sale of a product. Also called vertical integration.
Useful english dictionary. 2012.