Companies that share cyberthreat information with each other have little to fear from U.S. antitrust authorities, the U.S. Department of Justice and the Federal Trade Commission announced Thursday, drawing cheers from the business community.

In a joint policy statement, the DOJ and the FTC said they don’t have the view that “antitrust is–or should be–a roadblock to legitimate cybersecurity information sharing.” Exchanging details on cyberthreats is different than sharing business plans and other information that could affect competition, they said.

Deputy Attorney General James Cole said businesses must communicate with one another to help make the nation’s networks secure. Some companies, however, have told the government that antitrust liability is a barrier to information sharing, he said.

Affiliate publication Corporate Counsel has more.