industry consolidation
Industry consolidation refers to the process of combining multiple companies or businesses within a specific sector into fewer and larger entities. It involves mergers, acquisitions, or partnerships with the aim to reduce competition, increase market power, and improve operational efficiency.
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Related Concepts (1)
Similar Concepts
- business consolidation
- conglomerate merger
- consolidation and standardization of operations
- convergence of industries
- corporate dominance
- fiscal consolidation
- freight consolidation
- horizontal merger
- market concentration
- market consolidation
- merger and acquisition
- mergers and acquisitions
- server consolidation
- vertical integration
- vertical merger