The per se rule holds that only unreasonable restraints of trade violate Section 1 of the Sherman Act.

Question

Quizplus · Accepted Answer

The per se rule holds that certain business practices are so inherently anti-competitive that they are always illegal under the Sherman Act, regardless of the circumstances. These practices do not require an analysis of their actual impact on competition. Examples of per se illegal conduct include price-fixing, market allocation, and bid-rigging. Therefore, not all unreasonable restraints of trade violate Section 1 of the Sherman Act, only those that are per se illegal.

The Per Se Rule Holds That Only Unreasonable Restraints of Trade