Joint ventures

An exception to the cartel offences and civil prohibitions has been created for joint ventures.

Businesses claiming the joint venture exception will need to ensure that the:

• portion of their agreement that contains a cartel provision is in a contract
• joint venture is for joint production or supply.

The joint venture defence to the cartel provisions is a complex legal area.

You should seek legal advice if you are contemplating a joint venture which may otherwise contravene the cartel provisions.