positive direction on this front. This has led to encouraging developments in the aircraft industry—the partnership between U.S. companies and NASA on the High Speed Civil Transport program, and collaboration between GE and Pratt & Whitney in negotiations with the Japanese government on the HYPR program. U.S. antitrust laws and enforcement must continue to move toward a recognition that competition in many high-technology industries—particularly the aircraft industry—is global. Collaboration at the U.S. industry level should be permitted and extended to the supplier level in order to conserve resources in technology and program development, to respond quickly to global market needs with superior products, and—perhaps most important in the context of this report—to allow individual firms to work together when appropriate in bargaining with potential foreign partners so that they and the U.S. economy as a whole maximize the benefits of international collaboration.
• In order to implement the steps outlined here and provide an ongoing focus for strategy building for the U.S. aircraft industry, the committee recommends an independent National Aviation Advisory Committee be established by the National Economic Council.