Conglomerates
/kənˈɡlɒməˌreɪts/
Definitions
- (n.) A large corporation formed by the merging of diverse companies operating in different industries.
The conglomerate expanded its portfolio by acquiring firms in technology, manufacturing, and media.
Related terms
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Commentary
In legal contexts, conglomerates often raise specific issues related to antitrust regulations and corporate governance due to their diversified business holdings.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.