To own logical aim, the brand new Firms typically often dump a romance ranging from a beneficial licensor and you can its licensees, otherwise between licensees, just like the horizontal once they might have been genuine or almost certainly prospective competitors within the a relevant market on the lack of brand new licenses

The fresh new Agencies would also assess the possibilities your jv perform adversely apply at competition in other relevant avenues, in addition to locations to possess affairs developed by this new events toward combined campaign.