[Federal Register Volume 66, Number 139 (Thursday, July 19, 2001)]
[Notices]
[Page 37708]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-18083]


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DEPARTMENT OF JUSTICE

Antitrust Division


Notice Pursuant to the National Cooperative Research and 
Production Act of 1993--Financial Services Technology Consortium, Inc.: 
Financial Agent Secure Transaction (FAST) Project

    Notice is hereby given that, on June 28, 2000, pursuant to Section 
6(a) of the National Cooperative Research and Production Act of 1993, 
15 U.S.C. 4301 et seq. (``the Act''), Financial Services Technology 
Consortium, Inc.: Financial Agent Secure Transaction (FAST) 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 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 American Bankers Association, Washington, DC; BAI, Chicago, IL; 
Bank of America, Richmond, VA; Certicom Corp., Hayward, CA; Chase 
Manhattan Bank, Hicksville, NY; Citibank N.A., New York, NY; Experian, 
Orange, CA; Federal Reserve Bank of Boston, Boston, MA; First Union 
National Bank, Charlotte, NC; Hewlett-Packard Company, Cambridge, MA; 
Huntington National Bank, Columbus, OH; NACHA, Herndon, VA; National 
Center for Manufacturing Sciences, Inc., Ann Arbor, MI; National 
Institute of Standards and Technology, Gaithersburg, MD; Star Systems, 
Inc., Reston, VA; Unisys Corporation, Burlington, MA; and Wells Fargo 
Services & Company, Minneapolis, MN.
    The nature and objectives of the venture are research and 
development activities concerning an economically viable architecture/
framework/protocol for entities, unknown to each other and possessing 
no common authentication mechanism, to securely conduct transactions 
over the Internet by leveraging the relationship each has with its 
respective financial institution, electronic commerce and other on-line 
business and personal financial transactions.

Constance K. Robinson,
Director of Operations Antitrust Division.
[FR Doc. 01-18083 Filed 7-18-01; 8:45 am]
BILLING CODE 4410-11-M