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members like The Mason and Hanger Group, Inc., and others, while some members such as iXblue Defense Systems, Inc. have withdrawn.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.