The at loss is an important issue in the design of superconducting cables and transformers. In these devices the Bi-2222 tapes are usually placed face-to-face. In such arrangements ac loss is influenced by adjacent tapes. The effect is investigated by measuring the magnetization loss in the stacked conductor, which consists of various numbers of Bi-2223 tapes. For the single tape the magnetization loss in perpendicular field is larger than that in parallel field by about a factor 10. This agrees well with the prediction for hysteresis loss in slab and strip models. For the stacked conductor in perpendicular field the magnetization loss at low fields is greatly decreased, compared to the loss of the single tape. However the loss at high fields is nearly unaffected. This behavior is well described by the slab model.