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economies of avoiding the market

This topic has 1 reply, 2 voices, and was last updated 8 years ago by Ken Garrett.

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November 10, 2016 at 6:00 am #348281
Vipin
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- Topics: 151
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one of the advantages of vertical integration is economies of avoiding the market.
I don’t understand the phrase ‘economies of avoiding the market’.
Thanks for the help.
November 10, 2016 at 7:47 am #348295
Ken Garrett
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Well, you don’t need to advertise or package stuff nicely for internal transfers.
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