Z-Wave Alliance, Inc. submitted notifications to the Attorney General and the Federal Trade Commission on October 4, 2024, about changes in its membership under the National Cooperative Research and Production Act of 1993. New members of the alliance include companies from the US, Hungary, Denmark, Taiwan, Germany, and Canada, while some companies from Hong Kong, Norway, and Slovenia have withdrawn. The filing is meant to extend protections under the law that limit the recovery of damages by antitrust plaintiffs. The last notification was submitted on July 15, 2024, and published in the Federal Register on October 11, 2024.
Simple Explanation
The Z-Wave Alliance tells important government people about new companies joining or leaving their group, like a club for businesses from different countries, and this helps them follow special rules so nobody gets too mad when someone breaks the club's rules.