Tacos Inc., Tamales Ltd., and Tostadas Corporation agree to exchange information and share advertising. This trade association is most likely

Question

Quizplus · Accepted Answer

The rule of reason is a legal test used to determine whether a business practice is anti-competitive. It requires courts to consider the purpose and effect of the practice in question, as well as the overall competitive landscape. In this case, the trade association is likely to be subject to analysis under the rule of reason because it is not a per se violation of antitrust law (which would mean that it is illegal without any further analysis) and it does not appear to restrain trade or harm competition.

Tacos Inc, Tamales Ltd