Federal Appeals Court upholds FTC's decision against CB&I | Practical Law

Federal Appeals Court upholds FTC's decision against CB&I | Practical Law

On 25 January 2008, the US Court of Appeals for the Fifth Circuit upheld the Federal Trade Commission's (FTC) administrative finding that Chicago Bridge & Iron Company's (CB&I) 2001 acquisition of certain Pitt-Des Moines, Inc. (PDM) assets violated section 7 of the Clayton Act and section 5 of the FTC Act.

Federal Appeals Court upholds FTC's decision against CB&I

Practical Law UK Legal Update 4-380-9515 (Approx. 3 pages)

Federal Appeals Court upholds FTC's decision against CB&I

by Practical Law
Law stated as at 25 Jan 2008USA (National/Federal)
On 25 January 2008, the US Court of Appeals for the Fifth Circuit upheld the Federal Trade Commission's (FTC) administrative finding that Chicago Bridge & Iron Company's (CB&I) 2001 acquisition of certain Pitt-Des Moines, Inc. (PDM) assets violated section 7 of the Clayton Act and section 5 of the FTC Act.