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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

A company sets up a joint venture with a partner that has complementary assets and capabilities, in order to limit up-front investments, speed up market entry, and reduce risk. Guidelines for selecting an appropriate model.

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Why Mergers Like the At&T-Time Warner Deal Should Go Through

Harvard Business Review

According to the Department of Justice’s review guidelines , vertical mergers pose far less risk of consumer harm than mergers of competing, or horizontal, firms. If the government challenges the Time Warner deal, these and other pending or likely mergers will be thrown into chaos—and the stock markets along with them.