Coalitions of Corporations

Coalitions of corporations are formal alliances where multiple businesses collaborate to achieve shared goals, such as influencing policies, setting industry standards, or increasing market power. These coalitions allow member companies to pool resources, share expertise, and present a united front, often to advocate for collective interests or address common challenges. By working together, corporations can enhance their influence, reduce competition in certain areas, and better navigate regulatory environments, ultimately aiming to strengthen their position within the industry or market.