If joint ventures and joint ventures face competition problems (see question 9), competition problems can get worse when, for example, joint ventures provide back-office services to the joint venture. Contracting parties may consider introducing information barriers or other structural protection measures to minimize the risk of problematic information exchange. Joint ventures exist in all sectors and sectors in the UK; However, they are particularly prevalent in sectors and sectors where they involve long-term projects that require significant investment. Participants who wish to limit their commitment and costs related to capital-intensive projects regularly use joint ventures to pool resources and access available margins. Some of the best-known examples include nuclear power plants, telecommunications companies that enter into network-sharing agreements, north Sea oil and gas extraction agreements, and major infrastructure projects such as the construction and operation of high-speed rail networks. Similarly, in research and development-intensive sectors, where significant investments are required over a long period of time before achieving returns, participants use joint ventures to spread development costs and risks across multiple parties (. B for example, pharmaceutical companies that use joint ventures for joint development of new drugs). The United Kingdom also has a very attractive low-tax system, which aims to encourage investment; this benefits the parties outside the joint venture, since the return of profits from a joint venture without penalty rates is facilitated. Are there any specific questions that may arise in the event of a joint venture dispute in your jurisdiction with respect to the disclosure of evidence? For the purposes of the United Kingdom, the creation of a new joint venture can be considered a „relevant concentration situation“ and, therefore, fall within the scope of the UK concentration regime where the activities transferred by one or more parent companies to the joint venture (or acquired by a third party) are sufficient to create a business (i.e. where the activities can be carried out profitably or at a costly manner) and when the turnover or share of the turnover offer or purchase are reached.

Categories: Allgemein