Page:United States Statutes at Large Volume 107 Part 1.djvu/146

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107 STAT. 120 PUBLIC LAW 103-42—JUNE 10, 1993 "APPLICATION OF SECTION 4 PROTECTIONS TO PRODUCTION OF PRODUCTS, PROCESSES, AND SERVICES 15 USC 4306. " SEC. 7. Notwithstanding sections 4 and 6, the protections of section 4 shall not apply with respect to a joint venture's production of a product, process, or service, as referred to in section 2(a)(6)(D), unless— "(1) the principal facilities for such production are located in the United States or its territories, and "(2) each person who controls any party to such venture (including such party itself) is a United States person, or a foreign person from a country whose law accords antitrust treatment no less favorable to United States persons than to such countr}r's domestic persons with respect to participation in joint ventures for production.". 15 USC 4305 SEC. 4. REPORTS ON JOINT VENTURES AND UNITED STATES note. COMPETmVENESS. (a) PURPOSE.— The purpose of the reports required by this section is to inform Congress and the American people of the effect of the National Cooperative Research and Production Act of 1993 on the competitiveness of the United States in key technological areas of research, development, and production. (b) ANNUAL REPORT BY THE ATTORNEY GENERAL.— In the 30- day period beginning at each 1-year interval in the 6-year period beginning on the date of the enactment of this Act, the Attorney General shall submit to the Committee on the Judiciary of the House of Representatives and the Committee on the Judiciary of the Senate— (1) a Ust of joint ventures for which notice was filed under section 6(a) of the National Cooperative Research and Production Act of 1993 during the 12-month period for which such report is made, including— (A) the purpose of each joint venture; (B) the identity of each party described in section 6(a)(1) of such Act; and (C) the identity and nationality of each person described in section 6(a)(3) of such Act; and (2) a list of cases and proceedings, if any, brought during such period under the antitrust laws by the Department of Justice, and by the Federal Trade Commission, with respect to joint ventures for which notice was filed under such section at any time. (c) TRIENNIAL REPORT BY THE ATTORNEY GENERAL. —In the 30-day period beginning at each 3-year interval in the 6-year period beginning on the date of the enactment of this Act, the Attorney General, after consultation with such other agencies as the Attorney General considers to be appropriate, shall siibmit to the Committee on the Judiciary of the House of Representatives and the Committee on the Judiciary of the Senate a description of the technological areas most commonly pursued by joint ventures for production for which notice was filed under section 6(a) of the National Cooperative Research and Production Act of 1993 during the 3- year period for which such report is made, and an analysis of the trends in the competitiveness of United States industry in such areas. (d) REVIEW OF ANTITRUST TREATMENT UNDER FOREIGN LAWS. — In the three 30-day periods beginning 1 year, 3 years, and 6 years