The Petroleum Environmental Research Forum (PERF) submitted notifications about changes in its membership to the Attorney General and the Federal Trade Commission on December 17, 2024. This was done to extend the Act's provisions of limiting antitrust plaintiffs' recovery to actual damages under certain conditions. Specifically, Project Navigator, Ltd., has joined as a new member of PERF's research venture. The notice assures that membership in this research project remains open and that future changes will continue to be disclosed.
Simple Explanation
The Petroleum Environmental Research Forum got a new friend called Project Navigator, Ltd. to help with their research, and they told some grown-up bosses about it to play fair and stick to the rules. They're making sure anyone else who wants to join later can do so, and they'll let the grown-ups know when that happens too!