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corporate trust

/ˈkɔːrpərɪt trʌst/

1 entry

phrase

/ˈkɔːrpərɪt trʌst/C1formalbusiness
  • ruЮридический и деловой термин, обозначающий крупномасштабное деловое соглашение, при котором единое юридическое лицо (траст) владеет контрольными пакетами акций нескольких компаний в одной отрасли, фактически создавая монополию или почти монополию для устранения конкуренции и контроля цен.

A legal and business term referring to a large-scale business arrangement where a single entity (the trust) holds controlling shares of multiple companies in the same industry, effectively creating a monopoly or near-monopoly to eliminate competition and control prices.

  1. Business Monopoly StructureC1formalamerican

    A large business arrangement where several companies combine under a single board of trustees to control an industry and reduce competition.

    ruКорпоративный трест

    • The Sherman Antitrust Act was passed to break up powerful corporate trusts.
    • Standard Oil was one of the most famous corporate trusts in American history.
    • The government investigated the corporate trust for monopolistic practices.