Alerts1.19.21

Proposed University Technology Licensing Program Gets Nod from Justice Department

DOJ

A group of universities have formed a program known as the Joint University Technology Licensing Program to provide licensing packages of separately owned intellectual property

On Jan. 13, the U.S. Department of Justice’s Antitrust Division issued a statement in response to the Joint University Technology Licensing Program (UTLP)’s proposal about safeguarding against unfair competition. The Justice Department noted that the UTLP, whose mission is to pool its collective intellectual property surrounding physical sciences and provide the IP as packages to possible licensees, is “unlikely to harm competition.” 

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