Joint Venture (JV)
An agreement of firms or individuals to jointly undertake a …
Category: Competition
Joint Venture Notice
The European Commission in 1998 issued a notice stating which …
Law and Economics
Refers to a movement within the academic law and increasingly …
Leniency Programme
European Competition Law term. The Leniency Programme is set forth …
License-Back Clause, Provision
A provision in a contract, assignment or license agreement that …
Little Lanham Act
Refers to an unfair competition law enacted at the U.S. …
Little Sherman Act
Refers to certain antitrust laws enacted at the U.S. state …
Lock-in (consumer)
Sometimes also referred to as “vendor lock-in” it refers to …
Loyalty Rebates
Rebates paid to customers (particularly retailers) for not purchasing competing …
MAC Clause
See Material Adverse Change.