Ultra-HD Club Expands: New Member Joins Antitrust Safe Haven
Published Date: 1/28/2025
Notice
Summary
The UHD Alliance just added a new member, Valerion Technology USA, to their team working on ultra-high-definition tech. This update keeps their special legal protections against big antitrust lawsuits in place, meaning they can only be sued for actual damages. No other changes happened, and the group is still open for new members to join anytime.
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Antitrust Damage Limit Extended
On December 3, 2024, UHD Alliance filed under section 6(a) of the National Cooperative Research and Production Act of 1993 (15 U.S.C. 4301 et seq.) to extend the Act's protections for the group research project. That extension limits antitrust plaintiffs to recover only actual damages under the specified circumstances for this venture.
Valerion Added as UHD Alliance Member
Valerion Technology USA Co., Ltd (Denver, CO) was added as a party to the UHD Alliance venture in the notification filed December 3, 2024. As a listed member, Valerion is part of the group covered by the filings that extend the Act's limitation on antitrust recoveries.
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