FTC Secures $12 Million in Penalties for Pre-Merger Reporting Act Violations
First publishedJul 13, 12:00 UTC
Last updatedJul 14, 00:33 UTC · 16m ago
1 outlet
FTC
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Answer
FTC alleges Edwards Lifesciences and Genesis structured JC Medical deal to avoid federal antitrust review The Federal Trade Commission secured $12 million in penalties to settle charges alleging that Edwards Lifesciences Corp. acquired medical device maker JC Medical from Genesis MedTech Group Limited without complying with the notification and waiting period requirements of the Hart-Scott-Rodino Act (HSR).View Press Release
Reported by 1 outlet — FTC. See all sources ↓
Why it matters
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In brief
- What's the story?
- FTC alleges Edwards Lifesciences and Genesis structured JC Medical deal to avoid federal antitrust review The Federal Trade Commission secured $12 million in penalties to settle charges alleging that Edwards Lifesciences Corp. acquired medical device maker JC Medical from Genesis MedTech Group Limited without complying with the notification and waiting period requirements of the Hart-Scott-Rodino Act (HSR).View Press Release
- How widely is it covered?
- 1 outlet, average source rating 9.0/10.
- When was it last updated?
- 16m ago.
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FTC Secures $12 Million in Penalties for Pre-Merger Reporting Act Violations
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Related in the knowledge graph
organizationEdwards LifesciencesorganizationFTCorganizationFTC SecuresorganizationGenesisorganizationJC MedicalorganizationMillionorganizationPenaltiesorganizationPre-Merger Reporting Act Violations
Sources (1)
Avg source rating 9.0/10