6
Obtain clearance
The typical way in which clearance is obtained for the transaction is through the expiration of the waiting period without comment from the regulators. There are other considerations that are best left to discussion with the lawyer assisting with the filing.
7
Cautionary note and other matters
Hart Scott Rodino compliance is a complex area of the law and truly requires the involvement of a attorney experienced in HSR compliance. This guide is solely meant to provide an overview of the process and should not be relied on in any way to determine whether a filing is required. Fines for violation of the HSR notification requirements can be quite significant. For example, a 2009 matter resulting in a $1.4 million fine. It should also be noted that, in certain circumstances, economists may need to be engaged to assist in the analysis of the transaction in conjunction with the filing an HSR notification.
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