Countries that develop standards have a competitive advantage over those that do not, and countries and sectors that adhere to a global standard are often the leaders in international trade. However, the creation of standards can lead to potential abuses and concerns about anti-dominance. In the United States, the legal basis for cooperation and consortia is contained in the Department of Justice and Federal Trade Commission antitrust guidelines for cooperation between competitors. To illustrate the complexity of such an agreement, Airbus` four partner companies (British Aerospace, Aerospace, Construcciones Aeronáuticas SA and DASA) were both subcontractors and shareholders of the consortium. This agreement led to some conflicts of interest and inefficiencies, as well as a possible transfer to Airbus SAS in 2001, which helped consolidate the initial members of the consortium and reduce overheads. . . .
Business Consortium Agreement