The Institute of Electrical and Electronics Engineers, Inc. (IEEE) submitted notifications to the Attorney General and the Federal Trade Commission on October 15, 2024. These notifications disclosed the organization's address and details about its standards development activities, including 59 new standards and revisions to 32 existing ones. This filing aims to limit antitrust plaintiffs' recovery to actual damages in certain cases, as outlined by the National Cooperative Research and Production Act of 1993. Further information regarding these activities and programs can be found on the IEEE's website.
Simple Explanation
The IEEE, a big group that makes rules for electronics, told the U.S. government about 59 new rules and changes to 32 old ones to make sure they all play fair and follow the law. This means that if anyone complains about it being unfair, they can only ask for the exact amount they lost, not extra money.