Consolidating power definition
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People point to that event as the launch of Socialism and the Soviet Union, and while it was definitely the catalyst, the actual consolidation and creation of the Soviet Union took place over DECADES as first Lenin, then Stalin, then Krushchev, then Brezhnev gradually disbanded other political organizations, or shifted actual power from organizations, rendering them figureheads, until eventually virtually all actual decision making rested with the Politburo.
Why It Matters One of the driving forces behind consolidation is the operating efficiencies that often arise from mergers.Consolidated cases may become one single action with a single judgment, or may retain their individual identities although tried together.The court may also try one representative case and render a judgment binding on the other cases.Each of the four companies pays royalties and other fees to Company XYZ.At the end of the year, Company XYZ's income statement might reflect a large amount of royalties and fees and very few expenses (because these are recorded on the subsidiary income statements).