Usually means: Extensive consolidation between large corporations.
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We found 4 dictionaries that define the word megamerger:

General (4 matching dictionaries)
  1. megamerger: Merriam-Webster
  2. megamerger: Wordnik
  3. megamerger: Wiktionary
  4. megamerger: Dictionary.com

Definitions from Wiktionary (megamerger)

noun:  (informal) A particularly large economic merger.

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