ODVA, Inc. has filed a notice with the Attorney General and the Federal Trade Commission to update changes in its membership in accordance with the National Cooperative Research and Production Act of 1993. Several companies, including Aerotech, Inc. and Fortinet, Inc., have joined the group, while others like Nanjing Decowell Automation Co., Ltd. have withdrawn. The purpose of this filing is to continue the act's provisions that limit antitrust plaintiffs' recovery to actual damages in certain situations. This notification was made public following the previous one published in January 2025.
Simple Explanation
ODVA, Inc. let the government know that some companies, like Aerotech, Inc., joined their team, while others left, like Nanjing Decowell Automation Co. This is important because it helps them work together on projects without worrying too much about getting in trouble with the law.