A keiretsu is a network of interlocking corporate affiliates.

Question

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A keiretsu is a unique feature of corporate organization in Japan, where a group of affiliated corporations or firms maintain strong business relationships with one another, often taking an equity or stock ownership stake in one another. These interlocking relationships can facilitate greater efficiency, stability, and competitive advantage, but also raise concerns about anti-competitive practices and lack of transparency.

A Keiretsu Is a Network of Interlocking Corporate Affiliates