When will the creation of a new company not be classified as a joint venture? Practical considerations regarding joint ventures under Polish competition law Cover Image

Kiedy utworzenie nowej spółki nie będzie kwalifikowane jako utworzenie nowego przedsiębiorcy (joint venture)? Praktyczne rozważania dotyczące problematyki joint venture w polskim prawie konkurencji
When will the creation of a new company not be classified as a joint venture? Practical considerations regarding joint ventures under Polish competition law

Author(s): Joanna Lenart, Teresa Kaczyńska-Kochaniec
Subject(s): Business Economy / Management, Law on Economics
Published by: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
Keywords: joint venture; merger control

Summary/Abstract: The purpose of this article is to analyze the creation of a new joint venture company under Polish competition law. This analysis covers cases and situations which, in the authors’ opinion, should and should not be classified as the creation of a joint venture in the decisional practice of the UOKiK President. The authors provide an overview of potential problems and discrepancies between the definitions of a joint venture under Polish and EU competition law. These differences are of crucial importance in practice. The article discusses in detail the obligation to notify an intended concentration involving the establishment of a joint venture under Polish competition law and the resulting practical difficulties for firms. These considerations give rise to a discussion on an alternative legal classification of the establishment of a new company and the need to ensure the highest level of legal certainty in the application of the relevant legal provisions regarding the establishment of a joint venture. The article concludes with de lege ferenda proposals regarding Polish competition law provisions on the creation of joint ventures.

  • Issue Year: 5/2016
  • Issue No: 1
  • Page Range: 36-51
  • Page Count: 16
  • Language: Polish