Interlocking directorates refers to a situation in which the same individual is on the board of directors of two or more competing corporations.

Question

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Interlocking directorates occur when a member of the board of directors of one company also serves on the board of directors of one or more other companies, which can be competitors, leading to potential conflicts of interest and reduced competition.

Interlocking Directorates Refers to a Situation in Which the Same