The Rule of Reason Refers To

question 96

Multiple Choice

The rule of reason refers to:

• A) the notion that those accused of using monopoly power to restrain trade should be judged by their behavior.
• B) the fact that courts should consider the reasonableness of mergers in comparison to other profit-making schemes.
• C) the legal and economic basis for a fair return to a large business firm.
• D) the other side of excessive price discrimination.

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Definitions:

Policies

are formal guidelines or strategies designed to guide decisions and actions within organizations, governments, or other entities.

Principle Of "Double Effect"

An ethical theory that allows for actions which cause serious harm as a side effect of promoting some good end, under certain conditions.

Operational Excesses

Instances where activities exceed the bounds of standard, acceptable, or ethical practices within organizational operations.