Tech industry seeks congressional help in protecting R&D

12/6/2012 | CIO.com

Foreign competitors are increasingly turning to illegal strategies such as theft and espionage -- as well as legal maneuvers such as licensing agreements and corporate mergers -- to profit from U.S.-developed technology, according to congressional lawmakers, who met this week to discuss ways to keep taxpayer-funded R&D from benefiting other countries. Members of a House subcommittee heard from industry representatives, including Robert Atkinson, president of the Information Technology and Innovation Foundation, who called for a limited antitrust exemption that would allow U.S. firms to legally collude to fend off coercion from foreign companies.

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