Perspective
Mar. 1, 2011
The Centennial of Antitrust Law’s 'Rule of Reason’
Its been 100 years since defining "unreasonably restrictive" became the central question in antitrust jurisprudence. By Robert G. Wilson of Gordon Kemper LLP.
As we approach the 100 year anniversary of the U.S. Supreme Court's articulation of the so-called "rule of reason," lawyers who represent businesses must be more and more aware of the antitrust laws, which govern the interactions of the marketplace by providing standards by which those interactions are to be judged.
The seminal federal antitrust statute is the Sherman Act of 1890, Section 1 of which states: "Every...
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