oj oj judgment juli ecr judgment march ecr commiss decis juli relat proceed articl eec treati iv de laval stork dutch text authent eec commiss european commun regard treati establish european econom commun articl thereof regard council regul februari articl thereof regard notif made march stork roterend werktuigen bv assen netherland pursuant articl regul request joint ventur agreement enter septemb de laval turbin intern incorpor princeton jersei unit state agreement found scope articl eec treati declar exempt applic paragraph virtu paragraph articl question heard undertak concern accord articl regul regul eec regard summari notif publish pursuant articl regul offici journal european commun decemb regard opinion deliv januari pursuant articl regul advisori committe restrict practic domin posit fact fact summar undertak de laval turbin intern incorpor hereinaft refer de laval intern compani incorpor accord law state delawar usa wholli own subsidiari de laval turbin incorpor hereinaft refer de laval turbin trenton jersei usa de laval turbin control transamerica corpor largest conglomer unit state de laval intern oper commun market wholli own subsidiari barksdal intern gmbh friedberg germani manufactur market kind measur control equip sale made germani comecon countri year de laval group develop manufactur sold centrifug compressor mechan driven steam turbin barrel type boiler feed pump bear de laval unit state canada world group carri research support develop busi koninklijk machinefabriek stork bv hereinaft refer km privat compani public limit liabil compani import wholli own subsidiari verenigd machinefabrieken nv amsterdam hereinaft refer vmf vmf dutch group oper world approxim half turnov foreign oper group busi larg number industri light process erect engin railwai track heat light technolog good handl equip machin tool energi km busi number industri connect steam turbin compressor stork roterend werktuigen bv hereinaft refer stork juli stork pompen nv wholli own subsidiari km joint ventur de laval stork vof hereinaft refer de laval stork busi associ form accord dutch law associ kind legal person compani form associ remain jointli sever liabl respect oblig enter associ amount associ asset constitu compani limit set dutch law bind associ vi vi parti half share de laval stork held de laval intern half stork stork provid contribut cash de laval intern contribut chiefli form parent contribut million guilder addit start period stork plant transfer joint ventur parent entitl equal share profit liabl equal share loss agre circumst termin agreement de laval intern gener act manag partner respons dai dai run busi number act consent parent requir notabl act affect continu exist de laval stork present form product product subject agreement notifi commiss singl multi stage axial balanc steam turbin mechan drive applic form electr gener singl multi stage centrifug compressor turbin drive barrel type boiler feed pump feed pump nuclear power station singl multi stage axial centrifug driven electr motor turbin product subject approv partner de laval stork suppli steam turbin compressor pump separ form unit steam turbin motiv forc compressor pump de laval stork regularli carri gener market research enter person contact potenti custom purpos support technic staff indispens view natur product inquiri made view place order de laval stork result market research offer made offer drawn basi plan design licens de laval stork parent subject meet requir client de laval stork usual sale servic custom includ guarante technic assist case breakdown custom requir verif user regard sale servic great import turbo compressor set break loss suffer user result shutdown plant greater cost set speed qualiti servic highli regard servic engin technician design instal set agreement june de laval turbin km enter compressor turbin pump technic assist agreement hereinaft refer licens agreement notifi commiss licens agreement partli exclus partli exclus manufactur sale licenc grant de laval turbin km territori includ member state eec licenc cover technic assist commerci assist special develop servic patent trademark design suppli part equip septemb licens agreement replac joint ventur agreement hereinaft refer jva enter de laval intern km stork notifi commiss march jva consist fact number agreement form composit conclus agreement sum provid basic agreement depend jva consist basic agreement de laval intern stork sign km enjoi right accept oblig attribut stork agreement suppli agreement de laval stork km replac stage manufactur agreement turn replac final stage support agreement contract manag agreement de laval stork km industri properti licens agreement de laval intern de laval stork object agreement royalti free licenc cover territori extend commun countri western european countri middl east product south africa licenc exclus provid custom place busi place deliveri licenc territori case licenc form exclus licenc term agre parent except exclus rule notabl equip subsid american canadian sourc addit licenc exclus product licens de laval firm licenc territori prior format joint ventur licens agreement stork de laval stork compressor turbin pump design industri properti right term licens agreement ident agreement object jva enabl product transfer de laval stork parent accord exist de laval intern stork design product origin de laval stork requir order increas turnov design redesign manufactur market aim parti increas de laval intern penetr european market expand busi km field compressor industri turbin jva parti continu manufactur market product joint basi commun parent contribut capit cash provid requisit staff level grant licenc made manufactur plant offic space facil technic de laval chiefli manag staff km plant technic staff set de laval stork busi provid exclus licens agreement parent de laval stork time staff made de laval stork licens design draw work alter requir licens develop de laval stork undertook research implement jva spread year stage plan section jva deal stage found complex made end activ transfer de laval stork manner prescrib end preparatori stage stork plant leas de laval stork begin claus jva basic agreement lai measur cooper termin jva conclud period year termin end period month notic renew automat year period parti wish sell interest joint ventur preemption claus basic agreement joint ventur renew parti sell interest outsid licens agreement alter manner busi joint ventur carri parti parti act separ continu busi parti parti case licenc grant licens agreement mention licens exclus territori remain expressli confin licenc exclus licens agreement remain forc year dissolut joint ventur expir royalti payabl machin part sold licens agreement license license busi carri parti licens agreement termin dissolut joint ventur claus govern consequ termin joint ventur trade name trademark licens parti joint ventur effect longer name mark circumst prior consent write parti gave licenc question econom situat product cover agreement manufactur individu accord order basi design made de laval stork licens agreement industri patent expir consist chiefli basic design technic knowledg special staff parent suppli de laval stork design specialist personnel requir relev product product develop manufactur instal de laval stork basic design adapt specif requir custom product individu manufactur product ident consequ intermediari dealer come manufactur custom product separ offer made estim price negoti follow custom purpos format de laval stork sale offic open london hagu frankfurt de laval stork busi extend steam turbin compressor pump gener sold steam turbin busi includ hydraul turbin electr gener station ga turbin central heat system aircraft propuls marin turbin ad de laval stork product rang custom classifi major categori put steam turbin ga transmiss pipelin util petroleum petrochem marin gener industri sugar mine de laval km busi differ level submarket km involv marin turbin roughli product manufactur de laval stork base km design de laval design third de laval stork staff consist design engin sale manag develop work larg hand american staff dutch personnel entrust subsequ work parent compani belong larg power group busi interest world de laval turbin sell product world notabl commun field turbin compressor possess substanti technic knowledg licens firm world enter licens agreement stork sell product common market km subsidiari stork sell world stork admittedli achiev smaller sale turbin compressor de laval joint ventur form account substanti percentag dutch market export sizeabl proport output commun member countri joint sale parti jva repres fraction aggreg sale respect group de laval chief competitor turbin compressor market kraftwerk union brown boveri borsig alsthom rateau man westinghous gener electr compani cover entir world market extens technic establish member state capac sale excess de laval stork de laval stork achiev consider expans sale year life commun market share estim ii applic articl articl treati prohibit incompat common market agreement undertak decis associ undertak concert practic affect trade member state object effect prevent restrict distort competit common market provis applic case agreement made de laval stork form de laval stork agreement undertak mean articl agreement assess legal context format busi entiti distinct legal person econom context joint ventur agreement context conclud object effect bring research product market activ parent common market joint control relat compani conduct market alter matter consider trade member state affect purpos provis state judgment court justic european commun grundig consten commerci solvent case defin field applic commun rule competit relat nation legisl agreement made competitor previous oper independ commun extern market de laval intern achiev consider proport turbin compressor sale common market size help develop sale stork busi netherland sale commun countri format joint ventur undertak mean product market longer handl distinct enterpris proce manner place absenc joint ventur de laval stork busi cover entir commun number member countri format de laval stork consequ de laval intern stork refrain sell competit joint subsidiari consider reduc extent competit hand joint subsidiari allow compet de laval intern member countri affect competit capac common market format joint subsidiari alter normal flow trade regard size undertak question trade member state appreci affect competit common market prevent restrict distort consid undertak remain actual potenti competitor relev market fact undertak previous carri research manufactur sold relev product world clear account previous sold greater part product similar product common market km engag research manufactur market larg number relev product invest heavili extend busi product cover joint ventur de laval intern decid penetr european market export europ addit de laval intern enter relev market europ real difficulti end de laval km fact enter licens agreement respect relev product compani time actual competitor american compani difficulti found organ european oper unit state regard power potenti competitor busi market unit state gave opportun undertak busi common market begin acquir basic experi substanti financi power enabl enabl make invest parti potenti competit relev market entri forc jva parti remain competitor relev market involv joint ventur fact carri busi relat product market neighbour geograph market insurmount barrier stop revert separ busi activ relev market de laval remain busi american market similar product km continu oper dutch plant manufactur product rang relat product cover agreement class turbin cover jva clear licens agreement parti subject condit retain sell relev product commun pass joint ventur fact research jointli undertaken prevent compani continu result separ compani remain real potenti competitior circumst case provis made parti question lead conclus format joint ventur constitut merger place agreement leav parent subsist econom independ undertak evid suggest pure hold compani case compani complet irrevers abandon busi area cover joint ventur pool area busi weaken competit area relat industri firm involv remain formal independ regard complet irrevers abandon busi area cover joint ventur parti exist capac compet potenti ceas busi industri withdraw complet irrevers longer regard actual potenti competitor consid pool part exist activ area research product market relev good clear fact case associ parti extend part activ relat research product market parti remain actual potenti competitor fact confirm limit agreement joint ventur activ specif territori inclus restrict activ parent compani unnecessari parti ceas compet revers natur joint ventur confirm provis agreement relat condit appli termin fact agreement made period year agreement renew creat durabl associ parti retain termin agreement revert fulli independ statu remain actual potenti competitor agreement object effect restrict distort competit common market parti control asset joint ventur clear fact word agreement consent parti requir major decis activ joint ventur number anti competit consequ flow reason consult inevit place parti joint ventur increas competit joint ventur compani busi relev market result agreement effect agreement elimin competit parti market research product market compani depriv opportun autonom cost price activ separ exchang inform connect competit abil destroi independ market conduct remov uncertainti futur behaviour competitor pool part activ alter suppli structur relev market consum longer choos independ supplier agreement restrict durat agreement custom result exclus licens agreement enter connect jva longer choos parti licenc busi de laval stork remain confin exclus case custom place busi place deliveri specif territori includ member state eec custom scope choic substanti restrict fact parti prevent make individu offer jva claus effect restrict competit expiri result claus parti deriv limit benefit associ licenc grant jva restrict wai jva expir parti posit engag full competit question aris effect restrict competit common market appreci size compani multin extens turnov posit relev market largest firm sizeabl market share restrict competit common market appreci agreement prohibit articl eec treati iii applic articl articl provis articl declar inapplic case agreement contribut improv product distribut good promot technic econom progress allow consum fair share result benefit impos undertak concern restrict indispens attain object afford undertak possibl elimin competit respect substanti part product question agreement notifi commiss march applic exempt articl subject condit agreement satisfi test articl agreement contribut improv product distribut relev good promot technic econom progress temporari cooper make easier de laval penetr european market act enabl stork km reorgan expand part turbin compressor busi attain econom object benefit consum made easier quicker cooper temporari coordin develop joint invest agreement prevent creation uneconom capac enabl parti reach optim size relat market condit benefit latest technic advanc share parti cooper decis influenc cost provid assur jointli own plant work greater capac reduc larg proport total cost repres fix cost tend reduc price parti jointli pursu research develop activ view profit industri exploit technic experi acquir continu acquir agreement consum fair share result benefit temporari central parti suppli potenti joint ventur flexibl pool oper joint plant contribut improv servic offer consum increas regular custom servic deliveri turbin compressor unit firm account specif requir individu custom regard industri adapt design manufactur product individu order user benefit improv servic offer joint ventur act quickli effici event breakdown turbo compressor instal impos condit oblig supervis carri commiss ensur benefit consum effect disregard parti purpos consum larg firm econom power agreement afford compani concern possibl elimin competit respect substanti part product question relev market oligopolist structur market posit parti place top firm commun market share compet larg group sell good world capac sale greater de laval stork except matter consid agreement impos restrict indispens attain object format joint ventur indispens lead reduct invest risk therewith parent expect penetr relev market quickli effect indispens research product market pool circumst case justifi extens joint ventur activ joint market relev good result fix common price close technic cooper purchas order market research order obtain plan turbin compressor satisfi purchas requir work product program light capac team technician sale servic import featur market industri exchang scientif technic parti extens busi coordin de laval stork work effici assur technolog good time satisfactori construct instal indispens parent transfer pump oper joint ventur advantag necessarili appli turbin compressor busi product suppli composit indispens effici oper jva notifi impos restrict indispens attain object set articl exclus parent grant de laval stork patent licens agreement modifi parti suppli relev market direct custom place busi place machin instal licenc territori addit circumst jva parti exclus make suppli direct joint subsidiari grant licenc parti concess suffici fundament qualiti total exclus confer licenc longer indispens phase joint ventur complet period concentr busi joint ventur user retain legal econom freedom approach parti direct reason joint ventur satisfi requir case parti retain freedom deal suppli consum direct issu exclus licenc parti likewis busi consum extent exclus right confer parti joint subsidiari modif made prevent deal exclus regard indispens proper oper joint ventur attain result benefit industri independ parti restrict event termin joint ventur parti agre dissolut joint ventur patent licenc grant joint ventur scientif technic knowledg continu busi end joint ventur context restrict futur action parti impos claus agreement regard indispens proper oper joint ventur exist attain result benefit order parti oper futur relev market activ competit access technic commerci resourc carri busi parti termin jva entitl compet wish restrict time territori kind restrict claus agreement restrict licenc parti number wai access technic scientif knowledg year parti posit parent licens joint ventur extent indispens exploit patent jointli acquir joint ventur parti expressli confin territori joint ventur restrict justifi dissolut joint ventur prevent stork sell good freeli countri common market contribut improv capac competit structur common market thirdli parti requir pai royalti machin part suppli licenc similar licenc parti lower rate royalti lead distort competit restrict competit indispens exempt grant condit iv condit oblig articl regul condit oblig attach declar exempt respect consider relev exempt case subject condit reason fact claus jva satisfi test articl reason joint ventur meet order custom exclus natur patent licenc grant parent compani prevent compani deal directli custom grant exclus licenc parti deal custom licenc grant claus basic agreement afford parti opportun continu benefit expir period year dissolut joint ventur patent right licens joint ventur extent exercis right indispens exploit patent jointli acquir joint ventur export product manufactur patent licenc common market member countri royalti payabl licenc grant parti accord provis exce lowest amount royalti payabl licenc grant parti parti respect patent effect condit make imposs parti expir year period provid respect licenc question prevent design purpos reproduc form present relev product remain free embodi design prohibit year period make exact copi form present design product recogniz differenti articl regul requir commiss ensur requir articl continu satisfi end undertak decis address requir inform commiss chang addit agreement make report commiss year activ joint ventur actual effect agreement determin commiss posit verifi competit common market restrict practic compani concern restrict aris result financi hold link sector direct indirect compani group compani group parti includ compani compani compani directli indirectli engag turbin compressor industri common market case parti compani belong group develop busi industri independ situat commiss enabl verifi competit capac parti alter compani belong parti group purpos compani parti compani de laval turbin incorpor group verenigd machinefabrieken nv group directli indirectli control half vote right appoint half member board director control affair compani reason state oblig impos ensur parti inform commiss delai relationship activ opportun parti compet dissolut joint ventur prejud agreement practic enter oper parti order retain emploi employe dissolv subsidiari requir parti order continu busi termin joint ventur parti requir inform commiss agreement practic connect commiss ensur competit restrict articl regul commiss decis grant exempt articl treati issu period joint ventur question parti extens commit opportun develop properli offer worthwhil benefit period year excess date stage agreement due end septemb limit exempt adopt decis articl declar pursuant articl treati establish european econom commun subject condit set provis articl septemb inapplic basic agreement implement agreement made septemb de laval turbin intern incorpor stork roterend werktuigen bv stork pompen nv part koninklij machinefabriek stork bv part format joint ventur de laval stork vof reason joint ventur meet order custom exclus natur patent licenc grant parent compani prevent compani deal directli custom grant exclus licenc parti deal custom licenc grant claus basic agreement afford parti opportun continu benefit expir period year dissolut joint ventur patent right licens joint ventur extent exercis right indispens exploit patent jointli acquir joint ventur export product manufactur patent licenc common market member countri royalti payabl licenc grant parti accord provis exce lowest amount royalti payabl licenc grant parti parti respect patent articl exempt grant subject oblig undertak decis address delai inform commiss amend addit abovement agreement matter affect interpret applic includ aris result arbitr undertak refer furnish commiss year full report activ joint ventur undertak delai inform commiss exist form link chang made made link sharehold interlock director format joint subsidiari joint acquisit exist undertak grant patent licenc undertak compani belong de laval turbin incorpor group verenigd machinefabriek nv group compani belong group compani compani compani directli indirectli engag common market turbin compressor industri undertak decis address delai inform commiss activ turbin compressor industri pure occasion busi engag independ undertak delai inform commiss agreement practic enter oper transfer patent licenc substitut parti thereto alloc assign staff joint ventur event dissolut joint ventur articl decis address de laval turbin intern incorpor po box princeton jersei usa koninklijk machinefabriek stork bv industriestraat hengelo netherland stork roterend werktuigen bv dr philipsweg assen netherland de laval stork vof industriestraat hengelo netherland brussel juli commiss raymond vouel member commiss