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NAVAJO TERMINALS, INC. v. UNITED STATES

No. 76-1635.

620 F.2d 594 (1979)

NAVAJO TERMINALS, INC., and David H. Ratner, Petitioners, Navajo Freight Lines, Inc., United Transportation Investment Company, and L. Forrest Mattingley, Intervening-Petitioners, v. UNITED STATES of America and Interstate Commerce Commission, Respondents, Garrett Freightlines, Inc., Intervening-Respondents.

United States Court of Appeals, Seventh Circuit.

Decided September 28, 1979.

Opinion March 10, 1980.

Attorney(s) appearing for the Case

James W. Rankin, Kirkland & Ellis, Chicago, Ill., for petitioners.

Frederick W. Read, III, I. C. C., Washington, D. C., George B. Christensen, Chicago, Ill., for respondents.

Before FAIRCHILD, Chief Judge, BAUER, Circuit Judge, and DECKER, District Judge.

FAIRCHILD, Chief Judge.

This is a petition to review an order of the Interstate Commerce Commission which found the petitioners (Navajo) violated § 7 of the Clayton Act by acquiring a 26% stock interest in Garrett Freightlines, Inc. Section 7 of the Clayton Act prohibits corporate stock acquisitions where in "any line of commerce in any section of the country, the effect of such acquisition may be substantially to lessen...

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