conglomerate

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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.

conglomerate

adjective accumulated, aggregate, amalgamated, amassed, assembled, blended, brought together, collected, collectivized, complex, composite, compound, compounded, congregate, congregated, cumulated, gathered into a round mass, glomerate, indiscriminate, inseparable, mass, mingled, miscellaneous, mixed, united, varied
See also: accumulation, agglomeration, aggregate, assemblage, coadunate, coalition, coherent, collect, collection, combine, commingle, compile, complex, composite, compound, concentrate, congregate, consolidate, corporation, corpus, crystallize, cumulation, desegregate, development, gather, join, merge, unite
References in classic literature ?
Nothing can possibly come of the prisoner's conglomeration but his being sent back to prison, which is soon done.
It was, in reality, a conglomeration of smaller clouds.
They lend on pawn; and sell most that they lay hold of, coats, gold lace, cheese, men, women, and children; they are a conglomeration of Arabs, Jews, Genoese, Genevese, Greeks, Lombards, and Parisians, suckled by a wolf and born of a Turkish woman.
And commissions and remembrances do so crowd upon one at such a time, that we were still busied with this employment when we found ourselves fused, as it were, into a dense conglomeration of passengers and passengers' friends and passengers' luggage, all jumbled together on the deck of a small steamboat, and panting and snorting off to the packet, which had worked out of dock yesterday afternoon and was now lying at her moorings in the river.
The OJK has identified 50 conglomerations, or main entities, which control 80 percent of the overall financial service industry.