The U.S. DoJ settles gun-jumping charges against communication technology companies (Qualcomm / Flarion)

On April 13, 2006, the Department of Justice ( “DOJ” ) announced that it had reached a $1.8 million settlement with Qualcomm Incorporated and Flarion Technologies, Inc. to resolve allegations that they each violated the Hart-Scott-Rodino Act of 1976 (“ HSR Act ”) by “jumping the gun” in connection with the recent $805 million acquisition of Flarion by Qualcomm. Under the HSR Act, companies must observe a mandatory 30-day waiting period, after which they

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Authors

  • Skadden, Arps, Slate, Meagher & Flom (Palo Alto)
  • Skadden, Arps, Slate, Meagher & Flom (New York)

Quotation

Alec Y. Chang, Neal R. Stoll, The U.S. DoJ settles gun-jumping charges against communication technology companies (Qualcomm / Flarion), 13 April 2006, e-Competitions Bulletin April 2006, Art. N° 45598

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