3 Feb 2025
📜Updated ASTM Standards Development Notice by the DOJ
Notice Pursuant to the National Cooperative Research and Production Act of 1993-ASTM International
Summary
The Department of Justice's notice informs that ASTM International has filed notifications regarding its standards development activities under the National Cooperative Research and Production Act. The updates include an extension of certain legal protections affecting antitrust claims, providing details on ongoing work items crucial for industry participants.
Agencies
- Justice Department
- Antitrust Division
Business Impact
$$ - Med
The notice impacts businesses involved in standards development by outlining the compliance requirements under the National Cooperative Research and Production Act. The extended provisions limiting antitrust claims to actual damages may influence financial strategies and risk assessments for businesses participating in ASTM activities.