An arrangement in which the stock of several companies is controlled by a single entity. When the companies compete in the same industry and together constitute a significant share of that market, the trust can exercise monopoly power. Such arrangements are illegal in most industrialized countries, subject to competition policies or anti-trust policy.
Browse by Subjects
inter vivos trust
See All Related Terms »
British Pound Sterling
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):