Quiz 33: Antitrust Law
The Per Se Rule Holds That Only Unreasonable Restraints of Trade
The per se rule holds that only unreasonable restraints of trade violate Section 1 of the Sherman Act.
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The per se rule is applicable to restraints of trade that are considered inherently anticompetitive.
There are no defenses available to the accused if a "per se" restraint of trade occurs.
Under the "rule of reason" for violations under the Sherman Act,certain restraints of trade can be legal in some circumstances,and illegal in others.
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