21 Apr 2025

🤝Notice on ODVA Membership Changes Under Antitrust Act

Notice Pursuant to the National Cooperative Research and Production Act of 1993-ODVA, Inc.

Summary ?

The Department of Justice announces changes in membership for ODVA, Inc. under the National Cooperative Research and Production Act, revealing new participants and a withdrawal. The act's provisions limit antitrust damage recovery, influencing the competitive landscape for the involved entities. ODVA plans to continue updating its membership notifications.

Agencies

  • Justice Department
  • Antitrust Division

Business Impact ?

$$ - Med

The text discusses the admission and withdrawal of companies from a consortium under the National Cooperative Research and Production Act, which has implications for antitrust regulations and competitive positioning in the market. The specific mention of limiting antitrust damages can affect financial liabilities for businesses involved, impacting overall financial strategies.

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