Asked by Kaylan Summey on May 12, 2024
Verified
When applying the rule of reason to an activity that allegedly violates the antitrust laws, a court will not consider
A) the purpose of the agreement.
B) the parties' market ability to implement the agreement.
C) whether the agreement is a per se violation.
D) the potential effect of the agreement on competition.
Rule of Reason
The rule of reason is a legal doctrine under antitrust laws that evaluates the legality of business practices based on their overall competitive effect.
Antitrust Laws
Regulations that promote competition and prohibit monopolies, cartels, and other agreements that restrict trade.
Per Se Violation
An action that is intrinsically illegal and does not require additional evidence to prove its unlawfulness.
- Acquire a comprehensive knowledge of rule of reason and per se violations as applied in antitrust law.
Verified Answer
A&
Asha & Tiana ChannelMay 13, 2024
Final Answer :
C
Explanation :
The rule of reason is a legal standard used to determine whether an activity violates antitrust laws by considering various factors such as purpose, market ability, and effect on competition. The concept of a "per se violation" is not considered under this rule, as per se violations are automatically deemed illegal without a detailed analysis of their effects.
Learning Objectives
- Acquire a comprehensive knowledge of rule of reason and per se violations as applied in antitrust law.