法律英语词汇“joint venture”的翻译、意思、用法、释义-法律词典

单词	joint venture
释义	joint venture A commercial undertaking entered into by two or more parties, often by setting up a separate joint-venture company in which all partners have shares, to enable resources and skills to be shared. Joint ventures are defined in a European Commission notice of 31 December 1994 as “undertakings which are jointly controlled by two or more other undertakings.” In practice joint ventures encompass a broad range of operations, from merger-like operations to cooperation for particular functions, such as research and development, production, or distribution. A Commission notice of 23 December 1992 sets out how cooperative joint ventures are treated under the EU competition rules.
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