14 Mar 2025

🌊Antitrust Notice on Undersea Technology Innovation Consortium Membership Changes

Notice Pursuant to the National Cooperative Research and Production Act of 1993-Undersea Technology Innovation Consortium

Summary ?

The Department of Justice's notice outlines updates to the membership of the Undersea Technology Innovation Consortium, detailing both additions and withdrawals of member organizations. This notification is filed under the National Cooperative Research and Production Act of 1993 to extend specific antitrust provisions. The consortium continues to invite additional members for collaborative research initiatives.

Agencies

  • Justice Department
  • Antitrust Division

Business Impact ?

$$ - Med

The notice about changes in membership in the Undersea Technology Innovation Consortium indicates ongoing collaboration in research and production under antitrust law, which may influence competition in the market. The acknowledgment of new and withdrawing members can affect partnerships, innovation efforts, and potential financial arrangements within the industry.

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