Under the rule of reason, a U.S.firm with an 80 percent market share
A)will always be found in violation of the Sherman Antitrust Act
B)will never be found in violation of the Sherman Antitrust Act
C)may be found in violation of the Sherman Antitrust Act, depending on the firm's conduct
D)will always be found in violation of the Sherman Antitrust Act if there is only one other firm in the industry
E)will be found in violation of the Sherman Antitrust Act only if there is only one other firm in the industry

Question

Quizplus · Accepted Answer

Under the rule of reason, an 80 percent market share alone is not enough to determine a violation of the Sherman Antitrust Act. The court would need to consider the firm's conduct and determine if there was any anticompetitive behavior that harmed consumers or other firms in the market. Therefore, choice C is the correct answer.

Under the Rule of Reason, a U