Despite the implementation of antitrust laws, new conglomerate business called ________ have sprung up in Japan.

A) "mergerites"
B) cartels
C) oligopolies
D) Keiretsu
E) monopolies

Conglomerate Business

A large corporation formed by the merging of separate and diverse firms, involved in unrelated business activities.

Japan

A country located in East Asia, known for its rich culture, advanced technology, and historical significance.

Keiretsu

A network of interlinked Japanese companies, sharing mutual interests and relationships, often linking manufacturers with suppliers, distributors, and banks.