Collaboration on Adversarial Threats and Security Risks Act

Key Points

• The bill creates a new antitrust exemption letting AI companies share information about security risks, like foreign theft or misuse of AI models, without breaking competition law.
• Companies could also legally agree together to delay or limit release of an AI product if they believe it poses a major security risk, as long as they first notify the Justice Department in writing.
• The exemption explicitly does not cover price-fixing, splitting up markets, monopolizing, boycotts, or sharing cost information, so ordinary anticompetitive behavior stays illegal.
• The Attorney General keeps the power to go to court and stop companies from using this exemption if their coordination actually breaks other antitrust rules or makes security risks worse.
• Any notice a company sends the Justice Department about a planned coordinated delay is automatically kept secret from the public and shielded from Freedom of Information Act requests.