Media Executive John Malone to Pay $1.4 Million Civil Penalty For Violating Antitrust Premerger Notification Requirements
U.S. Newswire, June, 2009
To: RADIO-TELEVISION EDITORS
Contact: U.S. Department of Justice Office of Public Affairs, 1- 202-514-2007, TDD, 1-202-514-1888
Violations Occurred When Malone Purchased Discovery Holding Co. Voting Securities
WASHINGTON, June 23 /PRNewswire-USNewswire/ -- Media executive John C. Malone will pay a $1.4 million civil penalty to settle charges that he violated premerger reporting and waiting requirements when he acquired Discovery Holding Co. voting securities, the Department of Justice announced today.
The Department's Antitrust Division, at the request of the Federal Trade Commission, filed a civil antitrust lawsuit today in U.S. District Court in Washington, D.C., against Malone for violating the notification requirements of the Hart-Scott-Rodino...
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