And the nation's financial system, he said, is put at risk when these companies become huge conglomerates.
"It's increasingly difficult to deal with large organizations unless you're funded by a huge conglomerate," he said.
In an era when many students will go to work for huge conglomerates, activists take aim at the corporation.
Now he's playing a shy, chubby technical writer for a huge conglomerate.
Much of the assistance has gone to a few huge conglomerates known as chaebol.
Yet their interests, along with those of the huge financial conglomerates, still predominate.
Over the years Locke Industries had become a huge conglomerate.
And some question whether he has the temperament or vision to run a huge conglomerate like Travelers.
Given the increasingly global nature of communications, some experts argue that huge conglomerates are actually good for competition.
But they decided to keep 1,000 or so of the biggest companies under Government control, and eventually to create huge conglomerates for each major industrial sector.