🌊Changes in Undersea Technology Consortium Membership Noted
Notice Pursuant to the National Cooperative Research and Production Act of 1993-Undersea Technology Innovation Consortium
Summary
The Department of Justice announces updates regarding the Undersea Technology Innovation Consortium's membership, including new and withdrawing members. It emphasizes compliance with the National Cooperative Research and Production Act, encouraging collaboration while limiting antitrust claims under specified circumstances. The consortium remains open to new members and aims to continue its group research activities.
Agencies
- Justice Department
- Antitrust Division
Business Impact
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The notification details changes in membership of the Undersea Technology Innovation Consortium, which can affect collaboration and competition dynamics. It allows companies to be part of a venture while limiting antitrust liability. This aspect could present strategic business opportunities and collaboration prospects for executives in relevant industries.