The Bytecode Alliance Foundation has informed the Attorney General and the Federal Trade Commission of changes in its membership as required by the National Cooperative Research and Production Act of 1993. Specifically, companies such as Red Hat Inc., Broadcom Inc., Liquid Reply GmbH, and Cisco Systems Inc. have exited the group. Despite these changes, the membership remains open, and the Foundation plans to update future membership changes. This filing intends to extend the Act's provisions that limit antitrust plaintiff's recovery to actual damages under certain conditions.
Simple Explanation
The Bytecode Alliance Foundation, a group that works on tech projects together, told the government about some companies leaving the group. It's like telling everyone during recess that some friends have left a club, and the club plans to let everyone know about new changes in the future.