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GLOSSARY
Concentrative joint venture definition
Published by a LexisNexis Corporate expert
What does Concentrative joint venture mean?
A joint venture that is considered to be a concentration under EUMR, ie that has the characteristics of 'full functionality'. For further information, see Concentration.
A joint venture will require notification to (and clearance by) the EU Commission where it is confirmed that it is a 'concentration' and meets the financial thresholds set out in the EUMR.
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