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Article: D.C. Circuit Reverses District Court's Denial Of FTC's Petition To Preliminarily Enjoin Whole Foods' Acquisition Of Wild Oats.(United States. Federal Trade Commission)(United States. Court of Appeals for the District of Columbia Circuit)(Case overview)
- Article from:
- Mondaq Business Briefing
- Article date:
- August 14, 2008
- Author:
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On July 29, 2008, the United States Court of Appeals for the District of Columbia Circuit ("Circuit Court") reversed the district court's denial of the Federal Trade Commission's ("FTC's or Commission's") request for a preliminary injunction to block the merger of Whole Foods Market, Inc. ("Whole Foods") and Wild Oats Markets, Inc. ("Wild Oats"). The split decision authored by Judge Brown could potentially have significant implications for companies contemplating transactions that are reviewed by the FTC. The decision suggests that the FTC may face lower hurdles than the Department of Justice ("DOJ") when preliminarily challenging transactions in federal court and ...
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