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What does horizontal integration mean?

Looking for the meaning or definition of the word horizontal integration? Here's what it means.

Noun
  1. (economics) The integrating of identical stages in the production or marketing process under the ownership or control of a single management organization.
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Examples
Vertical and horizontal integration is a necessity, and the joint bodies are the framework where such integration takes place.
In industries with high fixed costs, horizontal integration enables firms to benefit from greater economies of scale.
The achievement of horizontal integration depends on essential unification of primary function areas.
If we look at the environment, we see that nothing has come of the horizontal integration in this policy.
These firms achieved most of their financial control through horizontal integration by acquiring the competition.
However, the less doubt there is about horizontal integration, the more we should be questioning vertical integration.

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