The rule of reason test, under the Sherman Antitrust Act:
A) considers the makeup of a relevant industry.
B) does not consider the defendant's position in that industry.
C) considers the defendant's need for the financial gain from the restraint of trade.
D) does not consider competitor's ability to respond to the challenged practice of restraint of trade.

Question

Quizplus · Accepted Answer

The rule of reason test under the Sherman Antitrust Act involves a comprehensive analysis of the competitive impact of a restraint, including factors such as the specific details and context of the industry in question, which is why it considers the makeup of a relevant industry.

The Rule of Reason Test, Under the Sherman Antitrust Act