vertical integration
Noun
Meaning
absorption into a single firm of several firms involved in all aspects of a product's manufacture from raw materials to distribution
Source: WordNetSynonyms
Antonyms
Hypernyms
Examples
But the net effect of increasing scale, centralization of capital, vertical integration and diversification within the corporate form of enterprise has been to replace the 'invisible hand' of the market by the 'visible hand' of the managers.
Who owns the NY Post? 20th Century Fox. Talk about vertical integration.
Apple's move to vertical integration with processors could end up killing the iPhone, and the benefit just doesn't warrant the risk.
A stage 3 supply chain is one that achieves vertical integration with upstream suppliers and downstream customers.
His River Rouge Plant became the world's largest industrial complex, pursuing vertical integration to such an extent that it could produce its own steel.
In terms of structure, no single crime group is archetypal, though in most cases there are well-defined patterns of vertical integration (where criminal groups attempt to control the supply and demand), as is the case in arms, sex and drug trafficking.