Disintermediation

(Econo­mics) descri­bes the elimi­na­tion of indi­vi­dual stages in the value chain. Thus the loss of importance of inter­me­dia­ries in the infor­ma­tion society the disin­ter­me­dia­tion of digi­tizable and non-digi­­tizable goods in the global infor­ma­tion market.