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Conglomerate
A large corporation composed of diverse companies in various industries under a single corporate group, often achieved through mergers and acquisitions.
Interlock
A situation where members of the board of directors in one company also serve as members of the board in another company, potentially creating conflicts of interest.
Clayton Act
A U.S. legislation enacted in 1914 aimed at preventing anti-competitive practices in their incipiency, including prohibiting mergers and acquisitions that could reduce competition.
Corporate Officers
Executives or high-ranking officials within a corporation who are given authority to make decisions and oversee the day-to-day operations and strategic planning of the company.
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