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 ?
The contract on service for the Majnoon had been won by a conglomeration of the Dutch Shell by 60 percent and the Malaysian Petronas by 40 percent as part of the second round of oil tenders held in Baghdad on December 11-12, 2009.
The National Journal's Hotline, a conglomeration of capital commentary, is daily required reading for journalists who want to stay on top of the latest government gossip or collect clever catch phrases they can pass off as relatively new.
They chose a team of professionals where the guiding principle is collaboration, as opposed to a loose conglomeration of independent property managers who prefer to operate autonomously.
Golovin's complex scenery shows a conglomeration of huge, fantastic mushrooms in the background.
Herschel reported in 1785 on his attempt to determine the shape of the conglomeration of stars of which we were part.
The flagship event of the School of Leadership, 16th YLC is an annual conglomeration of 300 youth representing diverse socio-economic and cultural groups from across Pakistan.
Agartala, Apr 16 (ANI): Senior Congress leader Pranab Mukherjee on Thursday compared the newly-formed 'Third Front' with a drama, saying it was a conglomeration of some State parties in search of a Prime Minister.
The Karahi was a conglomeration of "highly spiced" chicken, lamb, prawn and mushroom.
of Washington, Tacoma), who has worked as a television producer, considers ownership and regulation in the television and film industries, which changes in history and federal regulation created a climate for conglomeration, and the significance of feature film distribution.
At the east end of the spine, a U-shaped conglomeration of spaces houses film, TV and radio studios served by stores, workshops and classrooms.
Selfridges' ingenious plans for their building deserve our pity for having their concept surrounded by an unco-ordinated conglomeration of bits and blobs.
To someone just passing through, Middletown is a featureless conglomeration of subdivisions and tract homes that illustrates perfectly what anti-suburb types have memorably described as the "geography of nowhere."