Tech Mobility Group Adds New U.S. Members Smoothly
Published Date: 1/21/2025
Notice
Summary
The National Advanced Mobility Consortium (NAMC) just updated its member list, adding lots of cool companies from all over the U.S. This means they’re keeping their special legal protections that limit antitrust lawsuits to actual damages only. If you’re part of these companies or follow advanced mobility tech, keep an eye out—these changes took effect in October 2024 and help keep innovation moving smoothly.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
NAMC Adds Many New Members
On October 10, 2024, The National Advanced Mobility Consortium (NAMC) filed notice that it added many companies as parties to the venture. The filing lists named additions (for example: Amazon Web Services; Canoo Technologies Inc.; GE Aviation Systems, LLC; Raytheon BBN Technologies Corp.; NVIDIA Corporation) and was made to extend the Act's protections that limit antitrust plaintiffs to recovering actual damages under specified circumstances.
Listed Companies Withdraw from NAMC
The notice reports that a set of named organizations have withdrawn as parties to the NAMC venture (for example: Bell Hellicopter Textron Inc.; Northrop Grumman Systems Corporation (Defense Systems); NVIDIA Corporation appears among additions and other firms are listed under withdrawals). The document states these withdrawals were reported in the same membership-change filing.
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