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interfirm network

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A group of related organizations that partner and/or cooperate with each other in order to provide expanded products and services. The Japanese "Keiretsu" is perhaps the best example of an interfirm network. See Keiretsu.


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A firm will find it very difficult to continue doing business if its opportunistic behavior is detected and known to other members in the same interfirm network.
The proposed rule had a definition of an accounting firm "affiliate" that would have prohibited virtually any business association or relationship, including interfirm networks.
 
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