The validity, under antitrust law, of a joint venture depends on the competitors' purpose in forming it.

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Under antitrust law, the validity of a joint venture formed by competitors is evaluated based on the venture's purpose and its effects on competition. If the purpose is to improve efficiency, innovate, or enhance competition, it may be considered valid. However, if the purpose is to restrict competition, fix prices, or control markets, it may be deemed illegal.

The Validity, Under Antitrust Law, of a Joint Venture Depends