• The combination within a firm or business enterprise of one or more stages of production or distribution. In the electric industry, it refers to the historical arrangement whereby a utility owns its own generating plants, transmission system, and distribution lines to provide all aspects of electric service.


    Vertical integration meaning & definition 1 of Vertical integration.


  • a process in business where a company buys another company that supplies it with goods or that buys goods from it in order to control all the processes of production

    Vertical integration meaning & definition 2 of Vertical integration.

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