The Cooperative Research Group on ROS-Industrial Consortium-Americas (RIC-Americas) has made changes to its membership, with Arc Specialties from Houston, TX joining the group. This was officially notified to both the Attorney General and the Federal Trade Commission on January 27, 2021, as per the requirements of the National Cooperative Research and Production Act of 1993. The group's membership remains open, and RIC-Americas plans to notify authorities about any future membership changes. This disclosure helps limit potential antitrust lawsuits to actual damages under certain conditions.
Simple Explanation
The Ros-Industrial Consortium-Americas is a group that works together to make robots better, and they've just added a new member from Houston called Arc Specialties. They told the important officials so they can avoid getting in big trouble with the rules for playing fair.