Cooperative arrangements and joint ventures between competitors are becoming increasingly popular.

Question

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Cooperative arrangements and joint ventures between competitors have become more common in recent years, particularly as companies seek to gain strategic advantages through collaboration rather than competing solely on price. These arrangements can involve partnerships, alliances, or shared ownership of operations, and can create opportunities for increased efficiency, improved product development, and broader market reach. However, such arrangements can also present challenges around intellectual property issues, control over key business decisions, and the potential for conflicts of interest.

Cooperative Arrangements and Joint Ventures Between Competitors Are Becoming Increasingly