Significance
The reasoning of the Court is not limited to the FTC and by its terms would apply with equal force to any other federal agency in similar circumstances. However, the principle may be limited to situations of great urgency. In FTC v. PepsiCo, Inc., the FTC sough a preliminary injunction against a merger and the Second Circuit denied it. The court said that, under Dean Foods, an injunction can issue only if the Commission can show that "an effective remedial order, once the merger was implemented, would otherwise be virtually impossible, thus rendering the enforcement of any final decree of divestiture futile." The Second Circuit thought that the merger probably violated the antitrust laws but did not believe that effective relief would be “virtually impossible.”
Read more about this topic: Federal Trade Commission V. Dean Foods Co.
Famous quotes containing the word significance:
“The hypothesis I wish to advance is that ... the language of morality is in ... grave disorder.... What we possess, if this is true, are the fragments of a conceptual scheme, parts of which now lack those contexts from which their significance derived. We possess indeed simulacra of morality, we continue to use many of the key expressions. But we have—very largely if not entirely—lost our comprehension, both theoretical and practical, of morality.”
—Alasdair Chalmers MacIntyre (b. 1929)
“For a parent, it’s hard to recognize the significance of your work when you’re immersed in the mundane details. Few of us, as we run the bath water or spread the peanut butter on the bread, proclaim proudly, “I’m making my contribution to the future of the planet.” But with the exception of global hunger, few jobs in the world of paychecks and promotions compare in significance to the job of parent.”
—Joyce Maynard (20th century)
“Of what significance the light of day, if it is not the reflection of an inward dawn?—to what purpose is the veil of night withdrawn, if the morning reveals nothing to the soul? It is merely garish and glaring.”
—Henry David Thoreau (1817–1862)