> I teach antitrust to grads and undergrads. If you teach economics class on these subjects, then you must be familiar with the terms "horizontal integration"

> I teach antitrust to grads and undergrads. If you teach economics class on these subjects, then you must be familiar with the terms "horizontal integration" and "vertical integration". Lets say 1 company has "horizontally integrated" the entire market along that horizonal. What would you call that? Now do the same thing for "vertical integration". Once you have thought about both of these questions, you will know why people are using the term "vertical monopoly".