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)is designed to clear up uncertainty about the legality of joint ventures.
C)now requires treble damages if joint ventures are formed in violation of Section 1 of the Sherman Act.
D)All of the above.

Question

Quizplus · Accepted Answer

The National Cooperative Research Act is designed to clear up uncertainty about the legality of joint ventures, making it easier for companies to collaborate on research and development of new technology. It does not prohibit the use of the rule of reason test and does not include treble damages for violations of the Sherman Act.