Strategic Alliances. Take no action to enter into, or commit to enter into, any joint venture, strategic alliance, or material relationship with any person to jointly develop, market, or offer any product or service; or disclose any customer names, addresses, telephone numbers, or lists to any person not employed by Grand Premier or its subsidiaries in connection with their employment.
Strategic Alliances. Gurati (1998) regards strategic alliance as voluntary arrangement between firms involving exchange, sharing or co-development of products, technologies or service. They can occur in variety as a result of a wide range of motives and goals, take a variety of form and occur across vertical and horizontal boundary. Alliances with other firms used to be considered as a minor component of all overall strategy in many sectors. However, today, competitive advantages can equally be derived from inter-firm co- operation in non-equity based agreement. Xxxxxxx & Xxxxxx (1995) argue that the key driving force for strategic alliance is competition. Globalization has for instance created opportunities and imperatives for organizations to form strategic alliances. Strategic alliance has become a cornerstone of global competitiveness one that all executives must now understand and manage with skill (Doz & Xxxxx 1998). They argue that strategic alliances are a logical and timely response to intense and rapid changes in the economic activity, technology and globalization, all of which have cast many corporations into two competitive races:- one for the world and the other for the future. Globalization opened the race for the world as the firms entered once – closed markets and pursued, untapped opportunities. The race for the future compels firms to discover new markets opportunities, new solutions for customers and find new answers to poorly met needs. According to Xxxxxxx & Xxxxxxx (2002), joint development of new strategies has increasingly become popular particularly since the early 1980. This is so because organization can rarely cope with increasing complex environment (such as globalization) from internal resources and competence alone. They may see the need to obtain materials, skills, market and recognize that these may be readily available through co-operation through partnership.
Strategic Alliances the Equity Securities are allotted or issued pursuant to options, warrants or other rights issued to an entity whose principal business is in the pharmaceutical or biotechnology industries and is approved by the Investors by way of Investor Approval as a corporate partner or strategic industry alliance of a Company, which allotment and issuance are not part of a financing transaction;
Strategic Alliances an economic perspective
Strategic Alliances a competition law perspective Competition authorities around the world are increasingly faced with the problem of how to define and deal with strategic alliances, regardless whether they mention it expressly in annual reports, decisions or define the concept of a strategic alliance. As early as 1992, the Bundeskartellamt chose the topic ‘Strategic alliances – A new challenge for competition policy’ for the sixth International Cartel Conference.41 The Canadian Bureau of Competition Policy issued a policy statement in 1995 to give 39 Tari 1998 (n 5) 61. 40 Wahyuni 2003 (n 3) 32. 41 See Dr. X Xxxxxx (ed), Strategische Allianzen – Eine neue Herausforderung für die Wettbewerbspolitik, Dokumentation der Internationalen Kartellkonferenz Berlin 1992 (Bundeskartellamt 1993) (Xxxxxx 1993). general guidance and clarify its enforcement approach to strategic alliances under the Competition Act.42 Xxxxxxx X. Xxxxxxx Xx.43 - in a testimony before the Federal Trade Commission44 - urged for the introduction of antitrust guidelines covering strategic alliances and joint ventures. In 1994, the EU Commission noted in its XXIVth Report on Competition Policy that ‘[t]he application of the basic competition rules to strategic alliances has become one of the major challenges for EU competition policy in recent years’.45 In its 2001 guidelines on horizontal cooperation agreements,46 under paragraph 12 dealing with the scope of that document, it states: ‘More complex arrangements such as strategic alliances that combine a number of different areas and instruments of cooperation in varying ways are not covered by the guidelines. The assessment of each individual area of cooperation within an alliance may be carried out with the help of the corresponding chapter in the guidelines.’ In paragraph 3 of the same document, the Commission suggests that: ‘Companies need to respond to increasing competitive pressure and a changing market place driven by globalisation, the speed of technological progress and the generally more dynamic nature of markets. Cooperation can be a means to share risk, save costs, pool know-how and launch innovation faster.’ In the latest version of the horizontal guidelines, the Commission reiterates:47 42 Strategic alliances under the ‘Competition Act’ – Director of Investigation and Research, November 1995, available at: <xxx.xxxxxxxxxxxxxxxxx.xx.xx/xxx/xxxx/xx-xx.xxx/xxx/00000.xxxx> accessed 31 December 2012. 43 Former Deputy Assistant Attorney General, United St...
Strategic Alliances. Take no action to enter into, or commit to enter into, any joint venture, strategic alliance, or material relationship with any person to jointly develop, market, or offer any product or service; or disclose any customer names, addresses, telephone numbers, lists, or any other nonpublic information concerning customers or other consumers to any person not employed by O.A.K. or an O.A.K. Subsidiary in connection with their employment other than marketing firms and other vendors in the ordinary course of business and in compliance with the Federal Reserve Board's Regulation P.
Strategic Alliances. A consulting fee equal to 6% of the equivalent value of any strategic alliance or other business realignment resulting from the SCCP Financial Advisory Engagement not otherwise considered in this agreement. The equivalent value shall be mutually defined and paid in cash or as otherwise negotiated.
Strategic Alliances. 22.1 The parties agree that the quality of learning and development of secondary students can be improved by the establishment of strategic and collegiate alliances between colleges and other organisations, particularly the Canberra Institute of Technology.
Strategic Alliances. Telescan shall not, and shall not permit any of its Subsidiaries to, and shall not propose to, enter into any strategic alliance, joint venture, partnership, joint development or joint marketing agreement with any Person.
Strategic Alliances. ZiaSun shall not, and shall not permit any of its Subsidiaries to, and shall not propose to, enter into any strategic alliance, joint venture, partnership, joint development or joint marketing agreement with any Person.
