American corporations refer to large businesses that are legally recognized as separate entities from their owners and operate in the United States. They have significant economic power and influence over various industries.
Related terms
Monopoly: A situation where a single company dominates an entire industry, controlling prices and reducing competition.
Oligopoly: An industry structure where a few large companies control most of the market, often leading to limited competition.
Mergers and Acquisitions: The joining together or buying out of one company by another to increase market share and consolidate power.