On October 18, 2024, the Defense Industrial Based Consortium (DIBC) submitted notifications to the Attorney General and the Federal Trade Commission about changes in its membership to seek protection under the National Cooperative Research and Production Act of 1993. This protection limits antitrust plaintiffs to claiming actual damages under certain conditions. Additionally, several organizations have withdrawn from the consortium, but the group remains open to new members. The Department of Justice had initially published the DIBC's activities in the Federal Register on June 24, 2024, with the latest update being on September 17, 2024.
Simple Explanation
The Defense Industrial Based Consortium, which is a group of companies working together, told the government about some of its members leaving and others joining. Although the group is changing, it's still open for new companies to join, and it does this to follow special rules that protect them from certain legal troubles.