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In the largest civil penalty for violating the pre-merger notification law, the Hearst Corp. agreed to pay $4 million to partially resolve Federal Trade Commission charges that it failed to disclose key documents relating to its acquisition of Medi-Span Inc. The case is the latest in a series against companies that have violated the Hart-Scott-Rodino Antitrust Improvements Act of 1976. It may not be the last.
October 12, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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