That means that they can create a small network of companies, like a social franchise, and scale up this company, to then compete against large tech companies.
A group of 69 of America's biggest companies submitted a brief defending affirmative action to the Supreme Court as it weighed the practice's fate at universities.
TFA 2020 was born out of discussions between the U.S. Government and the Consumer Goods Forum, a network of over 400 companies with annual sales topping $3 trillion.
Difficult words: task force (a unit specially organized for a task), conglomerate (a large corporation that consists of multiple companies), envision (to imagine as a future possibility).
For example, if you're an engineer who wants to positively impact the world, you may join a start-up of other engineers who are all working together to build environmentally-friendly cars.
It is not unlikely that, in a few years, the transfers of the stock by inheritance or sale will weaken the consolidated interest to a point where the companies that made up the Standard Company will be distinct and competitive.