[Federal Register Volume 61, Number 153 (Wednesday, August 7, 1996)]
[Notices]
[Page 41183]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-20087]
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DEPARTMENT OF JUSTICE
Notice Pursuant to the National Cooperative Research and
Production Act of 1993--Financial Services Technology Consortium, Inc.;
Electronic Check Project
Notice is hereby given that, on June 20, 1996, pursuant to section
6(a) of the National Cooperative Research and Production Act of 1993,
15 U.S.C. 4301 et seq. (``the Act''), the Financial Service Technology
Consortium, Inc.; Electronic Check Project (``Consortium'') has filed
written notification simultaneously with the Attorney General and the
Federal Trade Commission disclosing changes in its membership. The
notifications were filed for the purpose of extending the Act's
provisions limiting the recovery of antitrust plaintiffs to actual
damages under specified circumstances. Specifically, the changes are as
follows: International Business Machines Corporation, White Plains, NY;
and Unisys Corp., Blue Bell, PA have entered into project participation
agreements with the Consortium. Electronic Clerk Clearing House
Organization, Dallas, TX; Mentis Corp., Durham, NC; and the University
of Southern California, Marina Del Ray, CA have entered into agreements
to provide services to the Consortium in connection with the project.
The objectives of the project are early technology for, and
demonstration of the feasibility of, an electronic check instrument..
Participation in the research and development project remain open,
subject to execution of a suitable agreement and the assessment of a
technology risk fee. The Consortium intends to file additional written
notifications disclosing all changes in parties that are participating
in the project.
On August 10, 1995, the Financial Services Technology Consortium,
Inc.; Electronic Check Project filed its original notification pursuant
to Sec. 6(a) of the Act. The Department of Justice published a notice
in the Federal Register pursuant to section 6(b) of the Act on January
31, 1996 (61 FR 3463).
Constance K. Robinson,
Director of Operations, Antitrust Division.
[FR Doc. 96-20087 Filed 8-6-96; 8:45 am]
BILLING CODE 4410-01-M