The Rule of Reason Approach

question 28

Multiple Choice

The rule of reason approach:

• A) examines the effects of the anticompetitive behavior before passing judgment.
• B) is a conclusive presumption of illegality.
• C) assumes a conduct to be inherently unreasonable.
• D) requires no inquiry to determine the reasonableness of an anticompetitive act.

---

Definitions:

Rationalization

A compromise mechanism characterized by trying to justify one’s behavior by constructing bogus reasons for it.

Receptivity

The willingness or readiness to accept or be open to ideas, suggestions, or changes.

Intuition

An understanding or insight gained without the need for conscious reasoning.

Possibilities

Various opportunities or prospects that are available or could be available in the future.