National Cooperative Innovation and Commercialization Act of 1989

Summary

National Cooperative Innovation and Commercialization Act of 1989 - Establishes legal and other procedures and standards regarding cooperative innovation agreements, including procedures by which firms may seek agreement approval from an authorizing agency and thereby obtain exemption from criminal antitrust actions or civil antitrust damage actions. Defines "cooperative innovation arrangement" (arrangement) to include activities such as the making or performance of a contract for the purpose of manufacturing, producing, marketing, or otherwise commercializing products, processes, or information developed jointly. Precludes any arrangement approved under this Act by the authorizing agency from being deemed illegal per se under the Federal antitrust laws or similar State laws. Establishes a procedure for submission and approval of written applications for arrangements. Specifies required disclosures to be made in such applications. Provides for publication of notice by the authorizing agency in the Federal Register and for review of such applications. Sets forth criteria for: (1) approval of applications by the authorizing agency, including requirements that the arrangement will not possess substantial market power in any relevant market and that its duration will not exceed specified limits; and (2) defining relevant markets. Makes injunctive relief the exclusive remedy in any criminal or civil action under the antitrust laws while the authorizing agency's approval is in effect. Establishes procedures for investigation and review of the approved arrangement during any time in which an approval is in effect. Sets time limits for duration of approval and procedures for submitting applications for renewal. Makes information submitted in connection with applications for approval or petitions for revocation exempt from disclosure and confidential, with exceptions. Provides for judicial review of action by the authorizing agency. Provides for the payment of costs, including a reasonable attorney's fee, to the substantially prevailing party in any Federal antitrust or similar State law action based on conduct that results from any approved arrangement. Disclaims any intent to repeal, supersede, or modify the National Cooperative Research Act of 1984.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 21 February 1989

   Introduced

   Referred to the House Committee on Judiciary.

   Source: IntroReferral

2. 21 February 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 February 1989

   Introduced

   Introduced in House

   Source: IntroReferral

4. 27 March 1989

   Referred

   Referred to the Subcommittee on Economic and Commercial Law.

   Source: Committee

5. 17 May 1989

   Committee

   Subcommittee Hearings Held.

   Source: Committee

6. 26 July 1989

   Committee

   Subcommittee Hearings Held.

   Source: Committee

7. 28 September 1989

   Committee

   Subcommittee Hearings Held.

   Source: Committee

8. 25 April 1990

   Committee

   See H.R.4611.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 21 February 1989

  Open at official source

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Sponsors

• Rep. Boucher, Rick [D-VA-9] · D · Sponsor
• Rep. Campbell, Tom [R-CA-15] · R · Sponsor
• Rep. Pickle, J. J. [D-TX-10] · D · Cosponsor
• Rep. Kaptur, Marcy [D-OH-9] · D · Cosponsor
• Rep. Ritter, Don [R-PA-15] · R · Cosponsor
• Rep. Walsh, James T. [R-NY-25] · R · Cosponsor
• Rep. Armey, Richard K. [R-TX-26] · R · Cosponsor
• Rep. Goss, Porter J. [R-FL-14] · R · Cosponsor
• Rep. Buechner, Jack [R-MO-2] · R · Cosponsor
• Rep. Rohrabacher, Dana [R-CA-48] · R · Cosponsor
• Rep. Lipinski, William O. [D-IL-3] · D · Cosponsor
• Rep. Luken, Thomas A. [D-OH-1] · D · Cosponsor
• Rep. Dymally, Mervyn M. [D-CA-31] · D · Cosponsor
• Rep. Bonior, David E. [D-MI-10] · D · Cosponsor
• Rep. Levine, Mel [D-CA-27] · D · Cosponsor
• Rep. Hunter, Duncan [R-CA-52] · R · Cosponsor
• Rep. Smith, Peter [R-VT-At Large] · R · Cosponsor
• Rep. Shays, Christopher [R-CT-4] · R · Cosponsor
• Rep. Thomas, William M. [R-CA-21] · R · Cosponsor
• Rep. Penny, Timothy J. [D-MN-1] · D · Cosponsor
• Rep. Sisisky, Norman [D-VA-4] · D · Cosponsor
• Rep. Dreier, David [R-CA-26] · R · Cosponsor
• Rep. Skaggs, David E. [D-CO-2] · D · Cosponsor
• · hsju00 · Standing

Related records

• related to ← National Cooperative Production Amendments of 1990