[Federal Register Volume 62, Number 54 (Thursday, March 20, 1997)]
[Notices]
[Page 13395]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-7111]


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DEPARTMENT OF JUSTICE

Notice Pursuant to the National Cooperative Research and 
Production Act of 1993--Financial Services Technology Consortium's Bank 
Internet Payment System Project

    Notice is hereby given that, on January 15, 1997, pursuant to 
Sec. 6(a) of the National Cooperative Research and Production Act of 
1993, 15 U.S.C. Sec. 4301 et seq. (``the Act''), the Financial Services 
Technology Consortium's (``Consortium'') Bank Internet Payment System 
Project (``Project'') 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 Project. 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 Sec. 6(b) of 
the Act, the identities of the members of the Project are: Tandem 
Computers, Cupertino, CA; Concept Five Technologies, Inc., Burlington, 
MA; Fujitsu Research Institute, Tokyo, JAPAN; Glenview State Bank, 
Glenview, IL; and Mellon Bank, Pittsburgh, PA.
    The Project's area of planned activity is to research and develop a 
secure, reliable, comprehensive and widely available infrastructure for 
making payments via the existing banking system, which will support 
electronic commerce and other on-line business and personal finance 
transactions.
    The Consortium will file additional written notifications 
disclosing all changes in membership in the Bank Internet Payment 
Systems Project.
Constance K. Robinson,
Director of Operations, Antitrust Division.
[FR Doc. 97-7111 Filed 3-19-97; 8:45 am]
BILLING CODE 4410-11-M