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Keiretsu

Definition: [crh] A network of Japanese companies organized around a major bank. The term is also used outside of Japan to describe how a large corporationDefinition: with many subsidiaries and associated firms can manipulate revenues. For example, firm A and B are controlledDefinition: A> by firm C. Firm A is forced to buy its input from firm B at a high price. As a result, A is unprofitable and B is very profitable.

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