What is a partnership called in which several companies have joined forces to create a separate legal entity to facilitate doing business in a country where none of the participants is currently active?

Question

Quizplus · Accepted Answer

A consortium is a group of companies that join together for a common purpose, often to enter new markets or undertake a large project that would be difficult or impossible for them to handle individually. In this context, forming a separate legal entity to facilitate business in a new country aligns with the definition of a consortium.

What Is a Partnership Called in Which Several Companies Have