cross-ownership

[ kraws-oh-ner-ship, kros- ]
/ ˈkrɔsˈoʊ nərˌʃɪp, ˈkrɒs- /

noun

ownership of two or more similar or related businesses, as communications media, especially in the same locality: to forbid cross-ownership of newspapers and TV or radio stations in the same city.

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Origin of cross-ownership

First recorded in 1970–75
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020