Search Results for keywords:"intellectual property surrender"

Found 1 results
Skip to main content

Search Results: keywords:"intellectual property surrender"

  • Type:Notice
    Citation:89 FR 102163
    Reading Time:about a minute or two

    On December 9, 2024, the Department of Justice proposed a Consent Decree to settle a lawsuit against Diesel Performance Parts, Inc. for violating the Clean Air Act by selling parts that disable vehicle emission controls. The settlement bans the company and its owner from engaging in activities related to these illegal parts and requires them to destroy remaining inventory, give up related intellectual property, and pay a $320,000 fine. The public can comment on this proposed agreement within 30 days of its announcement. If interested, the full decree is available for review on the Justice Department's website.

    Simple Explanation

    The Justice Department is saying that Diesel Performance Parts, Inc. made car parts that are bad for the air, and they want the company to stop, pay a penalty, and hand over any leftover parts and ideas about the parts. People can tell the government what they think about this for the next 30 days.