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JIM WALTER CORP. v. F. T. C.

No. 78-1669.

625 F.2d 676 (1980)

JIM WALTER CORPORATION, Petitioner, v. FEDERAL TRADE COMMISSION, Respondent.

United States Court of Appeals, Fifth Circuit.

September 12, 1980.

Attorney(s) appearing for the Case

Schiff, Hardin & Waite, William A. Montgomery, W. Donald McSweeney, Walter C. Greenough, Joseph P. Collins, Chicago, Ill., Thomas C. MacDonald Jr., Tampa, Fla., James W. Kynes, Tampa, Fla., for petitioner.

David C. Shonka, FTC, W. Dennis Cross, Asst. Gen. Counsel, Washington, D. C., for respondent.

Before COLEMAN, Chief Judge, TJO-FLAT, Circuit Judge and MITCHELL, District Judge.

TJOFLAT, Circuit Judge:

Jim Walters Corporation (JWC) appeals from a Federal Trade Commission (FTC) decision (and related divestiture order), finding that JWC's acquisition of Panacon Corporation violated section 7 of the Clayton Act, 15 U.S.C. § 18 (1976). Although JWC contends that the FTC committed numerous errors, both procedural and substantive, we find it necessary to resolve only two of the issues raised: first, whether the FTC had jurisdiction in the...

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