    [Public Papers of the Presidents of the United States: William J. Clinton (1993, Book I)]
    [March 11, 1993]
    [Pages 278-279]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on Joint Production Venture Legislation
    March 11, 1993

        I want to commend Chairman Jack Brooks, Senator Pat Leahy, Chairman
    Joe Biden, and the bipartisan leadership of the House and Senate
    Judiciary Committees on the introduction today of an important new bill
    to help create jobs and build a more competitive, high-tech American
    economy. This bill, the National Cooperative Production Amendments of
    1993, will pave the way for companies large and small to pool their
    resources and talents in new joint production ventures. It is just the
    kind of forward-thinking initiative we need to drive our economy toward
    a decade of creative change.
        We live in a world in which our competitive advantage flows more and
    more from our command of high technology, but in which the de-

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    velopment and production of high-tech products has become enormously
    expensive. It is altogether appropriate to lift the legal barriers that
    prevent good companies from playing to win in the global market,
    provided, of course, that our antitrust laws continue to prevent
    improper collusion. Now is the time, as we work together to turn this
    Nation in a new direction, to strip away outdated impediments to our
    growth and potential.
        I look forward to working with Chairman Brooks, Chairman Biden,
    Senator Leahy, and their colleagues on this important legislation.