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US House Judiciary Committee approves narrow antitrust exemption for private financial aid collaboration

( July 9, 2015, 20:42 GMT | Official Statement) -- MLex Summary: The US House Judiciary Committee on Thursday approved the Need-Based Educational Aid Act, which extends an antitrust exemption used by universities and colleges for the purpose of collaborating on a common formula for determining a student’s financial need. The exemption only applies to private financial aid assistance.Statement follows in full. ...

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