释义 |
horizontal combination ThesaurusNoun | 1. | horizontal combination - absorption into a single firm of several firms involved in the same level of production and sharing resources at that levelhorizontal integrationconsolidation, integration - the act of combining into an integral whole; "a consolidation of two corporations"; "after their consolidation the two bills were passed unanimously"; "the defendants asked for a consolidation of the actions against them" |
Horizontal Combination
Horizontal CombinationThe acquisition by one company of several companies in the same or a similar industry. This is often a part of the market consolidation process, when too many companies exist for the market to support. Companies then acquire each other in order to create fewer companies that are more competitive. See also: Horizontal Acquisition.horizontal combination Related to horizontal combination: exultation, conferred, vertical combination, underwent, waylaidSynonyms for horizontal combinationnoun absorption into a single firm of several firms involved in the same level of production and sharing resources at that levelSynonymsRelated Words |