Horizontal merger

Horizontal merger
A merger involving two or more firms in the same industry that are both at the same stage in the production cycle; that is two or more competitors. The New York Times Financial Glossary

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horizontal merger UK US noun [C] FINANCE, COMMERCE
an occasion when one company combines with another that makes similar products or provides a similar service: »

Whenever two competitors undertake a horizontal merger, competition is likely to decline.


Financial and business terms. 2012.

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