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Berkshire Hathaway Inc.
Berkshire Hathaway to pay $896,000 to settle antitrust reporting suit
Berkshire Hathaway to pay $896,000 to settle antitrust reporting suit

Berkshire Hathaway Inc., the investment and holding company run by billionaire Warren Buffett, agreed to pay $896,000 to settle allegations that it violated antitrust reporting requirements when acquiring stock in a Chicago building materials company last year, federal officials said Wednesday. The settlement, announced by the Justice Department and the Federal Trade Commission, came after antitrust authorities opted not to seek penalties from Berkshire Hathaway for a similar violation six months earlier. "Although we may not seek penalties for every inadvertent error, we will enforce the rules when the same party makes additional mistakes after promises of improved oversight,"...

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