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Definitions from the Web

Interlocking Directorate

Description:

An interlocking directorate refers to a situation in which one or more individuals serve as directors on the boards of two or more competing companies. This practice often occurs in large corporations and can potentially lead to conflicts of interest or anti-competitive behavior.

Sample sentences:

1. The interlocking directorate between Company A and Company B raised concerns among investors and regulators.
2. John's appointment to the board of both companies created an interlocking directorate.
3. The government implemented strict regulations to prevent interlocking directorates that could harm fair competition.

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