ODVA's Global Shuffle: Six Join, 14 Exit the Automation Alliance
Published Date: 1/24/2025
Notice
Summary
ODVA, Inc. just updated its team by adding six new members from the U.S., Korea, Japan, and Switzerland, while 14 companies from around the world stepped away. These changes keep ODVA’s special antitrust protections active, meaning companies involved can only be sued for actual damages. This update keeps the group’s research project open for new members and shows ODVA’s ongoing commitment to collaboration.
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Antitrust Recovery Limited to Actual Damages
If your company is a member of ODVA, Inc., the filing on October 18, 2024 continues the group’s protection under the National Cooperative Research and Production Act so that antitrust plaintiffs may recover only actual damages under specified circumstances. That means companies participating in this ODVA venture are subject to the Act's limitation on antitrust recovery.
ODVA Membership Updated and Open
On October 18, 2024 ODVA added six new members from the U.S., Korea, Japan, and Switzerland and reported 14 companies withdrew; membership in the research project remains open. ODVA also intends to file additional membership-change notifications going forward.
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