Search Results for keywords:"antitrust"

The United States Department of Justice, along with several states, filed a lawsuit against RealPage, Inc. and several landlord companies, claiming they violated antitrust laws. The lawsuit alleges that these companies used RealPage's software to share sensitive rental information to influence and align rental prices, reducing competition and leading to higher rents for tenants. As part of a proposed settlement, Cortland Management, one of the defendants, agreed to stop using RealPage's software and instead use its own revenue management system without sharing sensitive data. The settlement aims to prevent Cortland from engaging in similar anticompetitive behavior in the future.

Chevron Corporation and Hess Corporation have requested the Federal Trade Commission (FTC) to review and nullify a previous order from January 17, 2025. This order stopped Chevron's efforts to appoint Hess CEO John B. Hess to Chevron's board following their merger, which was seen as potentially harming competition by increasing industry coordination. Chevron and Hess argue that the order lacks a valid antitrust basis, claiming that Mr. Hess's role would not significantly affect competition or oil prices, and that removing the order would be in the public interest to enhance U.S. energy production. The FTC is inviting the public to comment on this petition until May 12, 2025.

The Institute of Electrical and Electronics Engineers, Inc. (IEEE) has updated the Department of Justice and the Federal Trade Commission about its standards development activities, as required by the National Cooperative Research and Production Act of 1993. This update includes the addition of 51 new standards and revisions to 17 existing ones. The filing aims to limit antitrust plaintiffs' recovery to actual damages under specific conditions. More details can be found on the IEEE's website.

The Utility Broadband Alliance, Inc. (UBBA) has submitted notifications to the Attorney General and the Federal Trade Commission about changes in its membership. This was in connection with the National Cooperative Research and Production Act of 1993, which limits antitrust plaintiffs' recovery to actual damages under certain conditions. New members, including Eaton and EDX Wireless, have joined UBBA, and its membership remains open for further additions. The last notification was noted in the Federal Register on October 11, 2024.

The National Armaments Consortium (NAC) has informed the Attorney General and the Federal Trade Commission about changes in its membership as required by the National Cooperative Research and Production Act of 1993. Several new organizations, such as Acutronic USA Inc. and L3Harris Technologies Power Paragon, Inc., have joined the consortium, while others, including AAI Corporation Inc. and Optimax Systems, Inc., have left. Membership in the consortium remains open, and the NAC continues to update its membership details regularly as per legal requirements. The last notification was filed on October 9, 2020, and announced in the Federal Register on October 30, 2020.

The 1EdTech Consortium, Inc. has submitted updates to the Department of Justice and the Federal Trade Commission about changes in its membership as required by the National Cooperative Research and Production Act of 1993. Several institutions, including the Massachusetts Institute of Technology and the Swedish National Agency for Education, have joined the group, while some others have withdrawn. This act allows antitrust plaintiffs to only claim actual damages in specific situations. The Consortium will continue to share membership updates to keep the records current.

The Digital Manufacturing Design Innovation Institute (DMDII) has updated its membership list by adding multiple new organizations, including Ubisense and ProshopERP. This was reported to both the Attorney General and the Federal Trade Commission as per the National Cooperative Research and Production Act of 1993, which allows limited recovery of antitrust damages for certain cooperative activities. DMDII has confirmed that membership remains open and further changes will be reported as needed. The last update was filed on September 30, 2020, with notice published on October 15, 2020.

ASTM International has notified the Attorney General and the Federal Trade Commission of updates to its standards development work, as required by the National Cooperative Research and Production Act of 1993. The notice is intended to keep the provisions of the Act, which limit the financial recovery of antitrust plaintiffs, applicable under certain situations. The recent activities by ASTM occurred between September 22, 2020, and December 14, 2020, and were reported as Work Items. More details about these activities can be found on ASTM’s website.

The Resilient Infrastructure + Secure Energy Consortium (RISE) has made changes to its membership, as disclosed in a notification filed with the Attorney General and the Federal Trade Commission on January 6, 2025. The filing aims to extend certain legal protections related to antitrust recovery. Newly added members include companies from various locations such as Canada, Utah, Pennsylvania, and New Jersey. Membership in RISE remains open, and future changes will be reported accordingly.

The Rust Foundation has updated its membership under the National Cooperative Research and Production Act of 1993. As of January 8, 2025, Adorsys Ireland Ltd. from Dublin, Ireland, joined the group while Shopify Inc. from Ottawa, Canada, has left. There have been no other changes in the group’s membership or its planned research activities, and the membership remains open. This change was filed with both the Attorney General and the Federal Trade Commission and is intended to limit antitrust plaintiff recoveries to actual damages in certain situations.