Federal Trade Commission v. Elders Grain, Inc.

868 F.2d 901 (7th Cir. 1989).

From our private database of 46,500+ case briefs, written and edited by humans—never with AI.

Federal Trade Commission v. Elders Grain, Inc.

United States Court of Appeals for the Seventh Circuit
868 F.2d 901 (7th Cir. 1989).

Facts

Industrial dry corn was a form of processed corn used by food manufacturers to make products like corn flakes, donuts, and beer. Six producers were responsible for supplying almost all of the industrial dry corn in the United States. The buyers were a handful of large, sophisticated food manufacturers. Illinois Cereal Mills (ICM) (defendant), the second-largest producer of industrial dry corn, purchased Lincoln Grain Company (Lincoln), the fifth-largest producer. The acquisition made ICM the largest producer, with a combined market share of 32 percent. Concerned about potential anticompetitive consequences, the Federal Trade Commission (plaintiff) sued ICM and Lincoln’s parent company, Elders Grain, Inc. (Elders) (defendant), seeking a preliminary injunction requiring the parties to rescind the acquisition pending administrative proceedings. The district court granted the requested preliminary injunction, and ICM and Elders appealed.

Rule of Law

Issue

Holding and Reasoning (Posner, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 832,000 law students since 2011. Some law schools even subscribe directly to Quimbee for all their law students.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

Here's why 832,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,500 briefs, keyed to 994 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 832,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,500 briefs - keyed to 994 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership