Competition is reduced over the long run by______________,where members of the board of directors of one corporation also sit on the board(s)of other corporations.

Question

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Interlocking corporate directorates refer to the practice of having members of the board of directors of one corporation also sit on the board(s) of other corporations. This can lead to a reduction in competition in the long run, as these directors may prioritize the interests of multiple corporations they serve on, rather than just one. This can lead to shared information and strategies between competing corporations, reducing competition.

Competition Is Reduced Over the Long Run By______________,where Members of the Board