horizontal merger

A merger between two or more businesses that are on the same market level because they manufacture similar products in the same geographic region; a merger of direct competitors.

— Also termed horizontal integration.

---

词条贡献者

法律翻译玉晶，毕业于英国一流的高级翻译学院，专注翻译各类与通用数据保护条例有关的法律文件。