The Chronicle of Higher Education reports that the Cornell University Library has publicly declared that it won't sign contracts with vendors that require nondisclosure of pricing and terms. The full announcement explains that "To promote openness and fairness among libraries licensing scholarly resources, Cornell University Library will not enter into vendor contracts that require nondisclosure of pricing information or other information that does not constitute a trade secret...In the past, some libraries have tolerated these clauses in the belief that they might result in a lower cost. This, however, is a position that CUL can no longer accept...The more that libraries are able to communicate with one another about vendor offers, the better they are able to weigh the costs and benefits of any individual offer. An open market will result in better licensing terms. Additionally, nondisclosure agreements conflict with the needs of CUL librarians and staff to work openly, collaboratively, and transparently.