Energy Power,Inc. ,joins with other businesses in its industry to exchange information,represent members' interests before Congress,and lobby for certain regulatory standards.These joint activities are

Question

Quizplus · Accepted Answer

Joint activities among businesses in an industry are subject to evaluation under the rule of reason. While such activities may have some anticompetitive effects, they may also have pro-competitive effects such as creating industry standards, improving efficiency, and reducing transaction costs. Therefore, these activities are evaluated on a case-by-case basis to determine whether they are anticompetitive, based on factors such as market power, potential harm to consumers, and any pro-competitive benefits.