This bill creates a limited antitrust exemption allowing artificial intelligence companies to share information and coordinate actions to address serious security risks without violating antitrust laws. The exemption applies when two or more companies work together in good faith to protect against threats like AI being stolen by foreign adversaries, being weaponized, disrupting critical infrastructure, or becoming difficult to control. Companies that want to delay or limit AI release to address these risks must notify the Department of Justice's Antitrust Division in advance. The exemption includes important safeguards: it does not permit price-fixing or market allocation, companies must implement internal controls to prevent misuse of shared information, and the Attorney General can still seek court injunctions if companies fail to prove their actions were solely for security purposes or if the actions would actually increase security risks overall. Submitted notices to the Justice Department are kept confidential and exempt from public disclosure.
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