96-14793. Notice Pursuant to the National Cooperative Research and Production Act of 1993Hybrid Propulsion System Research Collaboration Agreement

[Federal Register Volume 61, Number 114 (Wednesday, June 12, 1996)]
[Notices]
[Page 29769]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-14793]



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DEPARTMENT OF JUSTICE

Notice Pursuant to the National Cooperative Research and 
Production Act of 1993--Hybrid Propulsion System Research Collaboration 
Agreement

    Notice is hereby given that, on May 13, 1996, pursuant to Section 
6(a) of the National Cooperative Research and Production Act of 1993, 
15 U.S.C. Sec. 4301 et seq. (``the Act''), Hybrid Propulsion System 
Research Collaboration Agreement has filed written notifications 
simultaneously with the Attorney General and the Federal Trade 
Commission disclosing (1) The identities of the parties and (2) the 
nature and objectives of the venture. The notifications were filed for 
the purpose of invoking the Act's provisions limiting the recovery of 
antitrust plaintiffs to actual damages under specified circumstances. 
Pursuant to Section 6(b) of the Act, the identities of the parties are: 
General Motors Corporation, Detroit, MI; Chrysler Corporation, Highland 
Park, MI; and Ford Motor Company, Dearborn, MI.
    The objective of the venture is to accelerate the development of 
Hybrid Propulsion System (HPS) research, to minimize inefficient 
duplication of effort and expense, to maximize leverage of corporate 
and government resources, and to improve general scientific knowledge. 
The results will support the Partnership for a New Generation of 
Vehicles and potentially make the Parties more competitive in world 
markets. To meet these objectives, the Parties will combine their 
government-funded HPS research initiatives, collect, exchange and 
analyze research information, interact with government, auto industry 
and other entities interested in this area and perform other acts 
allowed by the National Cooperative Research and Production Act that 
would advance these goals.
Constance K. Robinson,
Director of Operations, Antitrust Division.
[FR Doc. 96-14793 Filed 6-11-96; 8:45 am]
BILLING CODE 4410-01-M