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    3. horizontal integration»

    Definition of horizontal integration

    Dictionary of Business Terms: horizontal integration
    horizontal integration

    a company's domination of a market at one stage of the production process by monopolizing resources at that stage. Contrast with vertical integration.

    Dictionary of Marketing Terms: horizontal integration
    horizontal integration

    expansion via acquisition of a competitor or by adding outlets to a chain. For example, a book publisher might acquire another publishing house to increase its stable of editors and authors or to otherwise enhance its competitiveness. Horizontal integration is highly regulated by federal antitrust acts to prevent unfair dominance of markets.

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