The ________ is a rule applied by courts on a case-by-case basis requiring them to consider all of the circumstances in deciding whether a restrictive practice should be prohibited as imposing an unreasonable restraint on competition in violation of Sherman Act Section 1.
A) per se rule
B) choice of law rule
C) rule of reason
D) rule of reciprocity

Question

Quizplus · Accepted Answer

The rule described in the question is known as the rule of reason. It requires courts to consider all relevant circumstances and evidence to determine whether a practice violates antitrust laws, rather than automatically considering it illegal (per se rule) or relying on a particular choice of law (choice of law rule) or reciprocity.

The ________ Is a Rule Applied by Courts on a Case-By-Case