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

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 of trade, including considering the specific makeup of a relevant industry to determine whether the practice promotes or suppresses market competition.

The Rule of Reason Test, Under the Sherman Antitrust Act