(noun) “[A] group of diverse companies under common ownership and run as a single organization” (Princeton University 2010).
Audio Pronunciation: (con·glom·er·ate)
Download Audio Pronunciation: conglomerate.mp3
- Plural: conglomerates
- Conglomerates are sociologically interesting because they are complex, often multinational, and large entities that can manipulate the balance of wealth and power in the global economy.
- Dobbin, Frank. 2004. The New Economic Sociology: A Reader. Princeton, NJ: Princeton University Press.
Princeton University. 2010. “About WordNet.” WordNet. (http://wordnet.princeton.edu/wordnet).