Situations where whether or not a particular business practice is illegal depends on the circumstances surrounding the action are said to be subject to:
A) the rule of reason.
B) an unfair constraint.
C) monopolistic behavior.
D) oligopolistic behavior.

Question

Quizplus · Accepted Answer

Situations where the legality of a business practice is dependent on the context in which it occurs are governed by the rule of reason. This principle recognizes that not all actions that could potentially be considered anticompetitive or harmful to consumers are necessarily illegal. Instead, the rule of reason requires a case-by-case analysis of the competitive effects of a particular practice to determine its legality under antitrust law. The other answer choices (B, C, and D) do not accurately describe the concept of the rule of reason.

Situations Where Whether or Not a Particular Business Practice Is