2025-02186Notice

Global Med Tech Alliance Welcomes New Worldwide Members

Published Date: 2/4/2025

Notice

Summary

The Medical Technology Enterprise Consortium (MTEC) just added a bunch of new members from all over the world, including companies and universities. This update keeps their special legal protections against big antitrust lawsuits in place, so they can keep working together smoothly. If you’re part of MTEC or thinking about joining, now’s the time to pay attention—membership is still open and changes will keep coming.

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

New MTEC Members Gain Antitrust Protection

On January 6, 2025, the Medical Technology Enterprise Consortium (MTEC) added many organizations as parties to its venture (specific names are listed in the notice). Those new members are covered by the National Cooperative Research and Production Act of 1993 provision that limits antitrust plaintiffs to recovering only actual damages under specified circumstances.

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Key Dates

Effective Date
Published Date
1/6/2025
2/4/2025

Department and Agencies

Department
Independent Agency
Agency
Justice Department
Antitrust Division
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