14 Mar 2025
📈Membership Change in UHD Alliance Affects Antitrust Protections
Notice Pursuant to the National Cooperative Research and Production Act of 1993-UHD Alliance, Inc.
Summary
The Department of Justice has announced changes to the membership of UHD Alliance, Inc. under the National Cooperative Research and Production Act. This includes the addition of Optoma Technology, Inc. and the withdrawal of Teledyne LeCroy, impacting the cooperative group's research project and its antitrust provisions.
Agencies
- Justice Department
- Antitrust Division
Business Impact
$$ - Med
The notice involves membership changes in UHD Alliance, which is relevant for businesses as it pertains to antitrust provisions that limit recovery of damages. This affects potential financial liability for businesses involved in cooperative research and the competitive landscape of the industry.