| |
| | Joint Venture Hearings Before The Commision |
 | | Joint ventures may allow for economies of scale to be obtained, provide synergies, spread risks, and allow firms to exploit, in a healthy way, each other's expertise and technological capabilities, and in the international areas in particular they allow firms to enter otherwise difficult markets to enter. |
 | | Unscrambling joint ventures will usually be easier than a merger because the parties to ventures must plan for possible voluntary or involuntary separation, and less uncertainty will be involved in taking part in a joint venture after it has been initially approved. |
 | | One, even where joint venture efficiency-enhancing claims have prevented application of the per se rule, cases like the NCAA case and Indiana Federation of Dentists teach that the rule of reason, and certainly truncated quick look, skimmed down rule of reason, the rule of reason is not, as many thought, necessarily a defendant's friend. |
| www.ftc.gov /opp/jointvent/june2.htm (10847 words) |
|