Joint Ventures Under Eu and Russian Competition Law

There are certainly no perfections and neither Russian nor EU competition law represents a perfect solution in respect to joint ventures, nevertheless, while in EU joint ventures are enjoying increasing popularity, in Russia more foreign investors do prefers to establish wholly owned companies. Joint ventures still create many legal uncertainties under Russian law. This essay assesses joint ventures under EC merger regulation and Russian law on competition in order to provide better understanding of two so different, but at the same time similar legal systems.