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FTC v. PROCTER & GAMBLE CO.

No. 342.

386 U.S. 568 (1967)

FEDERAL TRADE COMMISSION v. PROCTER & GAMBLE CO.

Supreme Court of United States.

Decided April 11, 1967.

Attorney(s) appearing for the Case

Solicitor General Marshall argued the cause for petitioner. With him on the briefs were Assistant Attorney General Turner, Richard A. Posner and James McI. Henderson.

Frederick W. R. Pride and Kenneth C. Royall argued the cause for respondent. With them on the brief was Robert D. Larsen.

MR. JUSTICE DOUGLAS delivered the opinion of the Court.

This is a proceeding initiated by the Federal Trade Commission charging that respondent, Procter & Gamble Co., had acquired the assets of Clorox Chemical Co. in violation of § 7 of the Clayton Act, 38 Stat. 731, as amended by the Celler-Kefauver Act, 64 Stat. 1125, 15 U. S. C. § 18.1 The charge was that Procter's acquisition...

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