Joined-up thinking: the European dimension

Euro-and-Union-Jack-flags-THUMBIn his third and final article on joint ventures, Paul Chases teams up with Alex White and André Pretorius to look at the impact of the EU Merger Regulation on corporate real estate JVs

It often comes as a surprise that a corporate real estate transaction/joint venture (JV) might need to be notified to the European Commission for competition law clearance under the EU Merger Regulation (EUMR). Notification does not turn on whether a transaction raises substantive competition issues (“reduces competition”), but whether it meets two procedural/jurisdictional