Definition: Vertical integration

Category: Business registers

Two legal units are said to be vertically integrated if they are within the same enterprise group and all of the output of one is consumed by the other. For example, the output of a legal unit engaged in printing could go entirely to a legal unit engaged in bookbinding. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-32-10-216-EN-C-EN.pdf