Vertical integration

{
  "id": "MLC-T-ENE-002425",
  "term": "Vertical integration",
  "field": "Energy",
  "definition": "The combination within a firm or business enterprise of one or more stages of production or distribution. In the electric industry, it refers to the historical arrangement whereby a utility owns its own generating plants, transmission system, and distribution lines to provide all aspects of electric service.",
  "subject": "Electricity",
  "references": [
    "EIA Glossary"
  ],
  "url": "https://mlchart.com/terminology/energy/vertical-integration/"
}