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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

305. Operational autonomy

1 minute de lecture

To be considered as a full-function joint venture, the undertaking must perform all the functions of an autonomous economic entity, however it is not necessary for it to enjoy autonomy as regards the adoption of its strategic decisions . The undertaking is a full-function joint venture where its creation, which results from a change to the business and organizational structure of an existing joint …

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