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The cost of playing hide-and-seek with the premerger notification requirements of the Hart-Scott-Rodino Act has increased exponentially. In United States v. The Hearst Trust , the defendants paid the largest civil penalty ever by a single company for violating premerger notification provisions. In a related case, the defendant agreed to divest the business it unlawfully acquired and disgorge $19 million of alleged monopoly profits.
January 16, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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