American General Insurance Co. And Fidelity & Deposit Co. Of Maryland v. Federal Trade Commission

DUMBAULD, District Judge:

This is a petition to review an order of the Federal Trade Commission (hereinafter called FTC), dated June 28, 1977, holding that the 1969 acquisition of Fidelity and Deposit Company of Maryland, a Maryland corporation, by American General Insurance Company (hereinafter called AG), a Texas corporation, violated section 7 of the Clayton Act,1 and ordering divestiture and other prohibitory relief.

At an earlier stage of the Commission proceeding AG contended that the McCar-ran Act of March 9,1945, 59 Stat. 33-34 as amended with respect to date by the Act of July 25,…