less than 1 minute read

Conglomerate



A corporation operating in several different and unrelated enterprises, such as the movie industry, baking, and oil refining.

A conglomerate merger is one that brings together two firms with totally different product lines, economic relationships, and functions. Such a merger may violate antitrust acts inasmuch as it may have an adverse effect on competition.

Additional topics

Law Library - American Law and Legal InformationFree Legal Encyclopedia: Companies House to Constituency