The National Cooperative Research Act:
A) prohibits using the rule of reason test in judging joint ventures in research and development of new technology.
B) now requires treble damages if joint ventures are formed in violation of Section 1 of the Sherman Act.
C) is designed to clear up uncertainty about the legality of joint ventures.
D) All of these.

Question

Quizplus · Accepted Answer

The National Cooperative Research Act is designed to clarify the legal status of joint ventures, especially in the context of research and development, by providing a more certain legal environment for companies to collaborate without immediately assuming antitrust violations.