joint venture
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 378 U.S. 158 - United States v. Penn-Olin Chemical Co. · 1964Most cited · 355 citing opinions
antitrust
The joint venture, like the 'merger' and the 'conglomeration,' often creates anticompetitive dangers. It is the chosen competitive instrument of two or more corporations previously acting independently and usually competitively with one another. The result is 'a triumvirate of associated corporations.' If the parent companies are in competition, or might compete absent the joint venture, it may be assumed that neither will compete with the progeny in its line of commerce.
How often courts cite the case defining “joint venture”
Court decisions citing the opinion that defined “joint venture” — 355 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.