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.