28 Feb 2025
⚓Notice on Maritime Sustainment Technology and Innovation Consortium Changes
Notice Pursuant to the National Cooperative Research and Production Act of 1993-Maritime Sustainment Technology and Innovation Consortium
Summary
The Department of Justice announces a notice regarding the Maritime Sustainment Technology and Innovation Consortium (MSTIC), detailing new members added to the consortium. These changes enable adherence to the National Cooperative Research and Production Act, fostering collaboration on maritime research and innovation while limiting antitrust damages under specific circumstances.
Agencies
- Justice Department
- Antitrust Division
Business Impact
$$ - Med
The notification about changes in the Maritime Sustainment Technology and Innovation Consortium (MSTIC) affects businesses by extending antitrust protections, potentially reducing litigation risks and financial liabilities. This could encourage more collaboration and investment among the newly added members.