Search Results for keywords:"consortium membership"

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Search Results: keywords:"consortium membership"

  • Type:Notice
    Citation:90 FR 8943
    Reading Time:about 2 minutes

    The Department of Justice's Antitrust Division has announced changes in the membership of the Medical Technology Enterprise Consortium (MTEC) under the National Cooperative Research and Production Act of 1993. This notice, filed on January 6, 2025, allows for the extension of limitations on antitrust plaintiffs' recoveries against consortium members. The recent additions include a variety of organizations, from AccelerMED LLC in Minnesota to Zeteo Tech, Inc. in Maryland. The group remains open to new members, and MTEC will continue to update the membership as necessary.

    Simple Explanation

    The Justice Department is sharing an update about a group called the Medical Technology Enterprise Consortium where new members have joined, like AccelerMED LLC and Zeteo Tech, Inc., and the group is still welcoming more people. This update helps protect the group from certain kinds of lawsuits as they work together on medical technology.

  • Type:Notice
    Citation:90 FR 8153
    Reading Time:about a minute or two

    The Undersea Technology Innovation Consortium (UTIC) has submitted notifications to the Attorney General and the Federal Trade Commission about changes in its membership. These changes involve adding new members like The Mason and Hanger Group, Inc., and others, while some members such as iXblue Defense Systems, Inc. have withdrawn. These notifications are part of efforts to limit plaintiffs' recovery to actual damages under certain antitrust laws. UTIC plans to continue updating its membership status in the future.

    Simple Explanation

    The Undersea Technology Innovation Consortium is a group that works on technology projects for underwater stuff, and it told the government about some people joining or leaving the group. This helps make sure that if anyone sues them for breaking certain rules, they only pay for real damages, not extra money.