interlocking directorate

Definition of "interlocking directorate"
  1. A board that shares its members with the board of another company
How to use "interlocking directorate" in a sentence
  1. The merger was further complicated by having an interlocking directorate between the two companies.
  2. The Federal Trade Commission is evaluating potential issues with the interlocking directorate at both corporations.
  3. The interlocking directorate practice has led to increased scrutiny on potential antitrust issues.
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