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.
horizontal merger
horizontal merger
horizontal merger 同(行)业公司合并；横向合并 两个或两个以上相互直接竞争的公司的联合；亦指生产相同或相似产品、并在同一区域的市场上销售的公司之间的合并。 (→merger; vertical merger)