Search Results for keywords:"antitrust"

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Search Results: keywords:"antitrust"

  • Type:Notice
    Citation:90 FR 8143
    Reading Time:about a minute or two

    ODVA, Inc. reported to the authorities about changes in its membership as part of a research group under the National Cooperative Research and Production Act, which limits how much antitrust plaintiffs can recover. New members include companies from Kentucky, Wisconsin, South Korea, Japan, South Carolina, and Switzerland, while some companies from Washington, Minnesota, Canada, China, Germany, and several other regions have left the group. The group is still open to new members, and ODVA plans to continue notifying authorities of any further changes.

    Simple Explanation

    ODVA, Inc. has some new friends joining their group and some old friends leaving. They told the grown-ups in charge, so they all know what's happening and can keep things fair.

  • Type:Notice
    Citation:90 FR 8942
    Reading Time:about a minute or two

    The Customer Experience Hub (CX Hub) has updated its membership by adding several organizations, as noted in their recent notification to the Attorney General and Federal Trade Commission. This notification was filed according to the National Cooperative Research and Production Act, which helps limit antitrust plaintiffs to actual damages under certain conditions. Membership in the CX Hub remains open, and the group plans to continue updating these notifications as membership changes occur. The latest notification follows a series of prior filings, with announcements made in the Federal Register.

    Simple Explanation

    The Customer Experience Hub is a group that works together to learn about helping customers better. They have some new friends joining them, but they didn't tell us what the new friends will do, how to join the group, or how they spend their money.

  • Type:Notice
    Citation:90 FR 10946
    Reading Time:about a minute or two

    The Senior Healthcare Innovation Consortium (SHIC) has informed both the Attorney General and the Federal Trade Commission about a new member joining their group. QHSLab, Inc., based in West Palm Beach, Florida, is the new addition. This notification is part of SHIC's efforts to continue benefiting from a law that limits the financial recovery of antitrust plaintiffs. While the membership in SHIC remains open, they will keep updating the authorities about any changes, as they have done since their initial filing in November 2022.

    Simple Explanation

    The Senior Healthcare Innovation Consortium is like a club for companies working on new healthcare ideas for older people. A new company, QHSLab, Inc., has joined their club, and they told the government because they need to follow special rules to help prevent any unfairness.

  • Type:Notice
    Citation:90 FR 8223
    Reading Time:about a minute or two

    America's DataHub Consortium (ADC) has updated the Department of Justice and the Federal Trade Commission about changes in its membership under the National Cooperative Research and Production Act of 1993. These updates were made to ensure that the provisions of the Act, which limit antitrust plaintiffs to actual damages, continue to apply. Several new organizations, like ADACEN FEDERAL LLC and Prism Lab at Cornell University, have joined the consortium. However, no other changes in membership or planned activities have been made, and ADC plans to report any future changes.

    Simple Explanation

    America's DataHub Consortium, a group that works together on research and production, told the government about new people joining their team to follow specific rules and keep things fair, like making sure nobody sues them for more money than they should.

  • Type:Notice
    Citation:90 FR 8817
    Reading Time:about a minute or two

    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.

    Simple Explanation

    The Institute of Electrical and Electronics Engineers (IEEE) has told the government that they are creating new rules and changing some old ones about technology, which might affect how much money someone can get if they complain about these rules. You can find more details about these rules on the internet.

  • Type:Notice
    Citation:90 FR 16130
    Reading Time:about 19 minutes

    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.

    Simple Explanation

    Chevron and Hess want a past decision by the FTC to be changed because they believe that letting the Hess boss join Chevron's board won't hurt competition or raise prices, and they think this change will help make more energy in the U.S. The FTC is inviting people to share their thoughts about this until May 12, 2025.

  • Type:Notice
    Citation:90 FR 12175
    Reading Time:about a minute or two

    On November 12, 2024, the Cooperative Research Group Advanced Fluids for Electrified Vehicles 2 (AFEV2) filed notifications with the Attorney General and the Federal Trade Commission under the National Cooperative Research and Production Act of 1993. The filings included information about the members of the venture, such as Afton Chemical Corporation, ExxonMobil Technology and Engineering Company, and Toyota Motor Company, among others. The aim of AFEV2 is to investigate how electric vehicle fluids are affected during use in order to improve and optimize electric vehicle powertrains. This action seeks to limit the legal recoveries of antitrust plaintiffs to actual damages in certain conditions.

    Simple Explanation

    The government is letting some big companies, like car makers and oil companies, work together to figure out how to make the special liquids in electric cars work better, but they can only be sued for money if they break certain competition rules.

  • Type:Notice
    Citation:90 FR 8560
    Reading Time:about 2 hours

    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.

    Simple Explanation

    The government is saying that some landlords used a special computer program to secretly talk about prices and make rent more expensive for people. One landlord promised to stop using that program and make sure they don't do anything like that again.

  • Type:Notice
    Citation:90 FR 8224
    Reading Time:about 4 minutes

    On November 4, 2024, The Open Group, L.L.C. (TOG) submitted notifications to the Attorney General and the Federal Trade Commission about changes to its membership, as required by the National Cooperative Research and Production Act. This filing limits antitrust plaintiffs to actual damages under certain circumstances. Several companies, including Aeronix Technologies and Booz Allen Hamilton, have joined the group, while others, such as Ball Aerospace and Teradata Corporation, have left. Additionally, Software AG changed its name to Software GmbH. The TOG group remains open to new members and plans to continue notifying authorities of any further membership changes.

    Simple Explanation

    The document talks about a group called The Open Group, which has some businesses joining and leaving. They let the government know who is in the group because it affects certain rules, but it doesn't say why some companies come or go, making it a bit confusing.

  • Type:Notice
    Citation:86 FR 9374
    Reading Time:about a minute or two

    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.