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disintermediation
noun [U] economics /ˌdɪsɪntə(r)miːdiˈeɪʃən/
  1. the action of removing middlemen such as retailers or banks from a supply chain by providing goods and services directly to the consumer

    The apparent failure to date of direct on-line sales by wineries tends to suggest that disintermediation of the wine distribution chain has not occurred.

    This meaning is based on one submitted to the Open Dictionary by: John Boyle from Australia on 27/03/2011
     Synonyms and related words

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