At high concentrations, it behaves more like an polar organic solvent than an acid; in pure form, it forms cyclic dimers connected by hydrogen bonds.  
On an industrial scale, it is produced by the Monsanto or Cativa processes, which use rhodium and iridium catalysts respectively and which proceed through an iodomethane intermediate.   It can also be produced from the oxidation of ethylene, either directly or through oxidation to acetaldehyde via the Wacker process.  Nearly half of annual industrial production is further processed to prepare vinyl acetate monomer for use in polymers.  At high concentrations, it behaves more like an polar organic solvent than an acid; in pure form, it forms cyclic dimers connected by hydrogen bonds.  Below 16.7 degrees Celsius,  it freezes to form large crystals resembling ice, giving the concentrated acid its name of "glacial." FTP, name this common organic acid with formula CH3COOH.
On an industrial scale, it is produced by the Monsanto or Cativa processes, which use rhodium and iridium catalysts respectively and which proceed through an iodomethane intermediate.   
{acetic acid} or {ethanoic acid}