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The Contemporary Antitrust Regulation Of Joint Ventures In The European Economic Community, Stephen O. Spinks
The Contemporary Antitrust Regulation Of Joint Ventures In The European Economic Community, Stephen O. Spinks
Vanderbilt Journal of Transnational Law
The joint venture is a form of organization widely used in international business. Although anticompetitive effects of mergers, interlocking directorates, and cartels are more frequently the targets of enforcement efforts under antitrust laws than joint ventures, the latter can be equally effective in reducing competition in the market place.
The legal status of joint ventures in various jurisdictions has remained a subject of some confusion possibly because of their hybrid nature--not quite cartels, yet not quite mergers. This confusion still exists to some extent in the United States, despite the fact that the Supreme Court has held that section 7 …