Mercantile Texas Corporation v. Board of Governors of the Federal Reserve System
Court of Appeals for the Fifth Circuit
1Opinion of the Court
ALVIN B. RUBIN, Circuit Judge:
Mercantile Texas Corporation is a bank holding company operating nine banks throughout Texas. PanNational Group, Inc., a smaller bank holding company, operates five banks in El Paso and Waco, cities not presently served by Mercantile. Mercantile seeks review of a Federal Reserve Board order denying approval to a proposed merger between the two companies. The Board held that elimination of potential competition between the two companies would have a substantially adverse effect on competition in El Paso and Waco without countervailing benefits to those communities.
2Cases cited32 opinions
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1947
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Burlington Truck Lines, Inc. v. United StatesSupreme Court of the United States · 1962
- Brunswick Corp. v. Pueblo Bowl-O-Mat, Inc.Supreme Court of the United States · 1977
- Brown Shoe Co. v. United StatesSupreme Court of the United States · 1962
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- Chicago Bridge & Iron Co. N.V. v. Federal Trade CommissionCourt of Appeals for the Fifth Circuit · 2008
- Placid Oil Company v. Federal Energy Regulatory CommissionCourt of Appeals for the Fifth Circuit · 1982
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