2025-03215Notice

Surface Navy Tech Crew Recruits Across the U.S.

Published Date: 2/28/2025

Notice

Summary

Naval Surface Technology & Innovation (NSTIC) just added a bunch of new members from all over the U.S. to their team working on cool naval tech. This update keeps their special legal protections in place, so if anyone tries to sue over their research, damages are limited. No big money changes or deadlines yet, but more members might join soon!

Analyzed Economic Effects

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

Antitrust Damage Cap Extended to New Members

On January 13, 2025, Naval Surface Technology & Innovation (NSTIC) filed notice adding many new member companies and universities. This filing extends the Act's protection that limits antitrust plaintiffs to recovering only actual damages in specified circumstances for those parties listed as added to the venture.

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Key Dates

Effective Date
Published Date
1/13/2025
2/28/2025

Department and Agencies

Department
Independent Agency
Agency
Justice Department
Antitrust Division
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