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One alternative is the horizontal integration of settlement agencies and clearing-houses, to create large central counterparties maybe two or three for the whole of Europe.
ECONOMIST: Securities exchanges
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Such a strategy is not so much vertical or horizontal integration, but a wheel, with the brand at the hub and each of the spokes a means of exploiting it.
ECONOMIST: Size does matter | The
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In addition, the latest release of the Wireless 1080p Computer to HD Display Kit features new compatibility with Apple laptops and a smaller receiver with a horizontal profile for easier integration into entertainment systems.
ENGADGET: IOGEAR wireless access point and computer-to-TV streamer refresh
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So, horizontal monopolies would be forbidden, but vertical integration encouraged.
FORBES: Side Lines