Joint ventures can take many forms. They can range from disguised cartels which coordinate the competitive behaviour of the parent companies to de facto permanent and structural mergers of the parents which contribute their entire operative businesses to the joint venture. The wide range of types of joint ventures raises the question: to which joint ventures should the Merger Regulation apply, taking particular account of the test of the Merger Regulation, its procedure (in particular the notification requirement and deadlines) and the legal certainty granted under it?
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