consolidation; shakeout; rationalization
Business term for market consolidation through mergers, closures, and restructuring. Often used in economic or industry analysis. The word blends 廃合 (abolition/merger) and 統合 (integration).
Industry consolidation is progressing, and the number of small and medium-sized enterprises is decreasing.
Market consolidation eased competition.
廃合 refers to abolition and merger, often of schools or public facilities. 廃統合 is broader, typically used for market or industry restructuring.
Compound of 廃 (abolish, discontinue) and 統合 (integration, unification). It is derived from 廃合 and 統合.