A company created with the participation of three or more companies, allowed in underserved markets or in domains where the government and/or the marketplace can control its potentially monopolistic activity is called a(n)

Question

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A consortium is a collaboration between multiple companies, often formed to undertake a project that is too large or complex for a single entity, and is sometimes used in markets where regulation is necessary to prevent monopolistic practices.

A Company Created with the Participation of Three or More