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US seeking industry cooperation on future medical supplies
Read full article: US seeking industry cooperation on future medical supplies(AP Photo/Damian Dovarganes)WASHINGTON U.S. officials are invoking a rarely used provision of American law that would shield companies from antitrust regulations to help the country from again running out of medical supplies in a pandemic. The government began formal discussions Thursday with private industry officials and representatives on a cooperative five-year agreement to ensure future supplies of protective materials, medical equipment, medicine and vaccines. There was widespread recognition that U.S. supplies of critical equipment, much of which is now manufactured overseas, were insufficient at the outset of the COVID-19 outbreak. Legislation in Congress would require the Department of Homeland Security to increase the amount of personal protective equipment it buys from American companies. Under the voluntary agreement, the government would work out a plan for future large-scale acquisitions with suppliers, manufacturers and distributors.