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.

References in periodicals archive ?
In Bulgaria, the relationship of the thin basal conglomerate of the Noevtsi section with the overlying sandstones is reminiscent of the "Poudingue de Port-Issol" in Provence or the "Conglomerato del Porticciolo" in Nurra.