cross-ownership
noun[U]
FINANCEukusthesituationin which twocompaniesholdsharesin each other:
The two automakershopethat cross-ownership of each other'sstockswillhelptoshoreuptheirbusinessesduring theeconomicdownturn.
thefactof onecompanyowningorcontrollingtwo or morecompanieswithrelatedinterests,especiallyin thenewsandbroadcastingindustries:
Theproposalwouldpartiallylifta 35-year-oldbanon the cross-ownership ofnewspapersandbroadcaststations.
cross-ownershiprestrictions/rules