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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

302. Constituent elements

1 minute de lecture

To be “full-function”, the joint venture must “have a management”, have “access to sufficient resources”, perform “on a lasting basis all the functions of an autonomous economic entity” and “play an active role on the market” independently of its parent companies . If those conditions are fulfilled, the joint venture falls within the scope of merger control and any coordination is assessed under t …

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