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European Competition Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • General Introduction

  • Part 1: Introduction

  • Part 4: Mergers

    • Title 1: Introduction

    • Title 2: Scope of control

      • Chapter 2: Concept of concentration

        • Section 1: Mergers between previously independent undertakings

        • Section 3: Full-function joint ventures

          • I: Definition

            • A: Constituent elements

            • B: Sufficient resources

            • C: Sustainable operation

            • D: Operational autonomy

            • E: Relationship with the parent companies

      • Chapter 5: Indirect control

306. Relationship with the parent companies

1 minute de lecture

Autonomy assumes that the joint venture is not dependent on its parent undertakings , which must not remain active on the market . The parent companies may however act as agents on behalf of the joint venture where they have withdrawn from the market and have transferred to it the operative and administrative tasks and the commercial risks . Likewise, joint ventures that obtain virtually all their …

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