The Pistoia Alliance, Inc. has informed the U.S. authorities about changes in its membership following the National Cooperative Research and Production Act of 1993. As of November 15, 2024, new members joining the group include companies from the UK, US, and Switzerland, while others from Germany and the US have left. These notifications aim to maintain the group's protection under the Act, which limits antitrust lawsuit recoveries. Membership in the group remains open, and additional updates will be filed to record future changes.
Simple Explanation
The Pistoia Alliance, Inc. is a group that works together on projects, and they just let the government know that some new friends joined them and some old friends left. They do this so everyone knows who's in the group, which helps them follow special rules that protect them.