And they consist of numerous subsidiaries. As I said. Dig down into these companies and you will almost always find a conglomeration.
A perfect example of this is the Toxic Masculinity commercial from Gillette. Lets say because of that commercial you decided you were no longer going to buy their products. Where do you draw the line? Gillette is owned by proctor and gamble. P&G own brands such as Always, Bounty, Charmin, Crest, Dawn, Downy, Febreeze, Head and shoulders, Olay, Oral-b, Pampers, Pantene, Tide, Vicks. And those are just some of the brands it owns bringing in more than 1 BILLION dollars a year in sales. https://en.wikipedia.org/wiki/List_of_Procter_%26_Gamble_brands
Conglomerations are just ways for businesses to hide the fact that they are really a monopoly.
And they consist of numerous subsidiaries. As I said. Dig down into these companies and you will almost always find a conglomeration.
A perfect example of this is the Toxic Masculinity commercial from Gillette. Lets say because of that commercial you decided you were no longer going to buy their products. Where do you draw the line? Gillette is owned by proctor and gamble. P&G own brands such as Always, Bounty, Charmin, Crest, Dawn, Downy, Febreeze, Head and shoulders, Olay, Oral-b, Pampers, Pantene, Tide, Vicks. And those are just some of the brands it owns bringing in more than 1 BILLION dollars a year in sales. https://en.wikipedia.org/wiki/List_of_Procter_%26_Gamble_brands
Conglomerations are just ways for businesses to hide the fact that they are really a monopoly.