shakeout

Definition

Consolidation of an industry or sector, where the smaller and weaker competitors are acquired or driven out of business.

Use shakeout in a sentence

You should try and make sure that you can handle what any bigger company does when they try a shakeout.

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There was a big shakeout in the tech sector and it became very clear that the Microsoft Zune would not survive the commotion.

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In my own hometown the shakeout during the downturn in the economy left only a handful of electronic stores open for business.

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