Pakistan study notes for Matric, Intermediate, B.A, B.COM BSC, M.A, BCS. Free Pakistani Urdu educational school, colleges and University notes.

Trust

Trust

Trust is quite different from merger, amalgamation, or holding companies where ownership are transferred. Here all firms keep up their respective ownership and entities. Trust is created by an agreement among competing companies to kill competition. It is used to fix prices of their goods and services and earn maximum profit. In the US trusts are banned.

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