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horizontal integration
(redirected from horizontal combination)

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horizontal integration

Merger with, or takeover of, one company by another company operating at a similar stage in the production chain. The production and supply chain run from the sourcing of the raw material through to the sale to the consumer. The benefits of this type of integration come from power in the marketplace and an economy of scale. However, if the resulting company exerts too much control over the market it operates in, it may fall foul of legislation designed to prevent companies from obtaining a monopoly advantage.



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Others, however, presented direct horizontal combinations (eg Wells Fargo/Wachovia and JPMorganChase/Washington Mutual) that could have resulted in extensive review and possible demands for remedies.
Antitrust In The Downturn by Carlton, Rod / Mondaq Business Briefing
In addition, a class slot machine can provide the player with as many as five payout lines, which includes three horizontal combinations and 2 diagonal lines, all of which payout relatively well if you bet the maximum.
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Swap their ownership and control of Express Scripts for a 43 percent minority position in a horizontal combination that offers no strategic benefits.
CVS Says Express Scripts Offer for Caremark is a Losing Proposition ... by Business Wire
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