cross-ownership

Use Cross-ownership in a sentence

cross-ownership

[kraws-oh-ner-ship, kros-]
noun
ownership of two or more similar or related businesses, as communications media, especially in the same locality: to forbid cross-ownership of newspapers and TV or radio stations in the same city.

Origin:
1970–75

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Dictionary.com's 21st Century Lexicon
Main Entry:  cross-ownership
Part of Speech:  n
Definition:  the single ownership of two or more related companies so that the owner controls the competition
Dictionary.com's 21st Century Lexicon
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Example sentences
We understand that such cross-ownership is common in the wireless telecommunications industry.
The rule relates to the cross-ownership of broadcast stations and newspapers within a designated market area.
Cross-ownership means that a collapsing trust can put an entire chaebol at risk.
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