Horizontal consolidation,

Definition of Horizontal consolidation:

1. Consolidation through mergers and acquisitions between firms selling similar products which can increase a firms product line instantly, saving money through eliminating redundancies and utilizing untapped synergies.

How to use Horizontal consolidation in a sentence?

1. The merger was approved because the two satellite TV companies were losing money against each other, so all agreed that horizontal consolidation made more sense than continuing to compete against each other.
2. You may find yourself in a state of horizontal consolidation and try to use that to your advantage to make profit.
3. The horizontal consolidation technique we used worked really good and we made a lot of different acquisitions with the other firm.