Search Results for keywords:"Federal Trade Commission"

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Search Results: keywords:"Federal Trade Commission"

  • Type:Notice
    Citation:86 FR 7870
    Reading Time:about a minute or two

    The Federal Trade Commission (FTC) has announced updated thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976. These thresholds determine when companies must notify the FTC and the Assistant Attorney General about mergers or acquisitions and wait before finalizing the deal. The revisions are made annually based on changes in the gross national product. While the notification thresholds are adjusted, the fees associated with filing these notifications have not been updated for inflation in over ten years.

    Simple Explanation

    The Federal Trade Commission is making bigger money limits for when companies have to tell them about big business deals, like buying another company. These limits change every year because of how our country's money grows.

  • Type:Notice
    Citation:90 FR 8943
    Reading Time:about a minute or two

    America's Datahub Consortium (ADC), under the National Cooperative Research and Production Act of 1993, has notified the Justice Department and the Federal Trade Commission about changes in its membership as of December 10, 2024. New members added to ADC include Optimal Solutions Group LLC, Radiance Technologies, Revelo LLC, and the University of Southern California. The group remains open to new members, and ADC plans to continue updating its membership list. The initial notification of ADC’s activity was filed in 2021, and previous updates were recorded in October 2024.

    Simple Explanation

    America's Datahub Consortium is a group that works together on research projects, and they've told the government that they have some new members, like a university and some companies. They're open to even more people joining their team in the future to keep working on cool projects together.

  • Type:Notice
    Citation:86 FR 9375
    Reading Time:about a minute or two

    The Institute of Electrical and Electronics Engineers, Inc. (IEEE) has submitted new notifications under the National Cooperative Research and Production Act of 1993. These notifications, filed on January 11, 2021, aim to limit the recovery of antitrust damages by disclosing changes to IEEE's standards development activities. Specifically, 25 new standards are being initiated and 21 existing ones revised, with more information available on the IEEE website. This process is supported by the Department of Justice and the Federal Trade Commission, continuing a practice that began with an initial filing on September 17, 2004.

    Simple Explanation

    The Institute of Electrical and Electronics Engineers (IEEE) is making some updates to their rules for creating and changing technology standards, and they told the government about it because of a law that helps stop unfair business practices.

  • Type:Notice
    Citation:90 FR 11550
    Reading Time:about 3 minutes

    The Antitrust Division of the Justice Department announced that the MLCommons Association filed notifications with the Attorney General and the Federal Trade Commission about changes in its membership. The updates, made under the National Cooperative Research and Production Act of 1993, allow for certain legal protections against antitrust damages. New members have joined the group, including companies and individual members from various countries, while other organizations have withdrawn their membership. The group remains open to new members, and MLCommons will continue to report any future changes.

    Simple Explanation

    The Justice Department tells everyone that a group called MLCommons has new friends joining and some old ones leaving, and they've told the right people about it so they follow the rules.

  • Type:Notice
    Citation:86 FR 1526
    Reading Time:about a minute or two

    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.

    Simple Explanation

    The Digital Manufacturing Design Innovation Institute is like a big club for organizations that work together on cool tech projects, and they've made a list of new friends who joined them, like Ubisense and ProshopERP. They promise to keep telling everyone who joins, just like when you tell your friends who your new classmates are!

  • Type:Notice
    Citation:90 FR 11550
    Reading Time:about a minute or two

    The Petroleum Environmental Research Forum (PERF) filed a notice with the Attorney General and the Federal Trade Commission about changes in its membership, specifically adding Arcadis U.S., Inc from Highlands Ranch, CO, as a new member. This filing is in accordance with the National Cooperative Research and Production Act, which limits antitrust plaintiffs to actual damages in certain cases. There are no other changes to the membership or activities of PERF, but the group plans to continue updating its membership filings in the future.

    Simple Explanation

    The Petroleum Environmental Research Forum is telling everyone that Arcadis U.S., Inc has joined them as a new friend, which helps follow special rules to keep everything fair when working together.

  • Type:Notice
    Citation:86 FR 11294
    Reading Time:less than a minute

    The Federal Trade Commission has announced the granting of requests for early termination of the waiting period required under the premerger notification rules. The contact for further information is Theresa Kingsberry, from the Federal Trade Commission's Premerger Notification Office. The announcement was filed on February 23, 2021, and is available in document number 2021-03751 in the Federal Register.

    Simple Explanation

    The Federal Trade Commission is allowing some companies to skip a waiting period when they want to merge or join together. This makes it faster for them to make big business deals.

  • Type:Notice
    Citation:90 FR 16134
    Reading Time:about 13 minutes

    Scott Sheffield, who was previously with Pioneer Natural Resources Company, has requested that the Federal Trade Commission (FTC) rethink and cancel its decision from January 16, 2025, related to Exxon Mobil Corporation’s acquisition of Pioneer. Sheffield argues that the FTC’s order is not grounded in antitrust law and violates both his constitutional rights and due process. He claims that the FTC’s allegations against him, such as coordinating with OPEC on oil production, are baseless and that the order unjustly limits his professional activities. Public comments on this petition are invited and must be submitted by May 12, 2025.

    Simple Explanation

    Scott Sheffield asked an important group called the FTC to change their mind about letting a big company, Exxon Mobil, buy another company, Pioneer, because he thinks it wasn't fair. People can tell the FTC what they think about this by May 12, 2025.

  • Type:Notice
    Citation:90 FR 17079
    Reading Time:about a minute or two

    The Homeland Security Technology Consortium (HSTech Consortium), previously known as the Border Security Technology Consortium, has informed the Attorney General and the Federal Trade Commission about changes in its membership as part of their compliance with the National Cooperative Research and Production Act. Several new companies, including Beacon Industries and DAGER Technology, have joined, while a few others, like CAM2 Technologies, have left. This filing aims to maintain certain legal protections for the group. The consortium plans to keep the membership open and will report any future changes.

    Simple Explanation

    The Homeland Security Technology Consortium is a group that works together on new ideas for keeping people safe. Some new companies joined the group, and some others left, and they told the government to make sure everyone knows and can stay protected under certain laws.

  • Type:Notice
    Citation:90 FR 17080
    Reading Time:about 2 minutes

    The Expeditionary Missions Consortium—Crane (EMC2) has sent notifications to the Attorney General and the Federal Trade Commission about changes in its membership to limit antitrust plaintiffs' recovery to actual damages under certain conditions. Several companies, including AForge LLC, Booz Allen Hamilton, Inc., and Lockheed Martin Aerostructures, are new members, while Plasan North America, Inc. has left the consortium. EMC2 plans to continue updating its membership changes as needed and remains open to new members. This filing follows previous notifications in line with the National Cooperative Research and Production Act of 1993, with the latest notice being published in the Federal Register.

    Simple Explanation

    The Expeditionary Missions Consortium—Crane (EMC2) is a group of companies working together on a project, and they are telling the government about changes in their team to make sure everything is fair. Some new companies joined the team, like AForge and Lockheed Martin, and one company, Plasan North America, left, but they plan to keep letting more companies in and notifying the government about these changes.

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