United States
Answer ... There is no specific deadline for making a Hart-Scott-Rodino filing. However, a transaction that requires a Hart-Scott-Rodino filing cannot legally close until the relevant waiting periods end. Indeed, a meaningful step towards transferring beneficial ownership of the relevant party or parties is illegal prior to the expiration of the Hart-Scott-Rodino waiting periods. Fines can be as high as $41,000 per day, adjusted annually for inflation. The antitrust agencies have frequently levied significant penalties for failing to comply with the Hart-Scott-Rodino Act, with some penalties exceeding $10 million.
United States
Answer ... See question 7.1
United States
Answer ... The Federal Trade Commission and the Antitrust Division of the Department of Justice subject parties to strict reporting and inspection provisions when imposing conditions or remedies on a proposed merger. In some cases, the agencies will assign a neutral monitor or, in the case of a divestiture, a trustee to better ensure compliance. In all cases, the conditions to close are associated with specific deadlines for accomplishment and with reporting requirements regarding the same. Failure to comply with the agency-defined conditions is likely to result in fines and injunctive relief.