Earlier this summer, the U.S. Department of Justice (the “DOJ”) filed a proposed final judgment against Canon Inc. (“Canon”) and Toshiba Corp. (“Toshiba”), imposing a $2.5 million civil penalty against each party.  The DOJ, which filed a complaint based on a referral from the Federal Trade Commission (“FTC”),  alleged that the parties strategically structured the sale of a Toshiba subsidiary to Canon to circumvent the filing requirements of the Hart-Scott-Rodino Act (“HSR Act”).  The public comment period on the proposed final judgment runs until August 25, 2019.  The antitrust authorities of the European Union (“EU”) also imposed a $31.8 million fine on Canon as the acquiring party for avoiding the corresponding EU merger regulation.  The European Commission found that the
The US District Court for the District Court of Columbia imposes a $2.5 million civil penalty against a manufacturer of imaging equipment for violating the pre-merger notification and waiting period requirements of the HSR Act (Canon / Toshiba)
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